Goldilocks and the Magic Money Tree
Monday 8th April 2019 The non-farm payrolls data on Friday seemed to indicate a Goldilocks economy – more jobs and with wages contained. Phil Dobbie asks NAB’s David de Garis whether things are really that rosy? Clearly the President doesn’t think so, calling for a return to QE – the Magic Money Tree that will help the economy prosper. Sadly, Brexit will dominate the news in the week ahead, with the UK supposedly leaving on Friday, unless another extension is negotiated mid-week. That depends on whether Theresa May can secure a way forward with the opposition leader. Plus, is a trade deal with China close? And could the Coalition win the Aussie election, whenever it is?