6 ordspråk av Stephen Walters

Stephen Walters

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en It seems that heavy discounting succeeded in clearing unwanted inventory, but only in some areas of retailing and at the expense of retailers' profit margins.
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en There's good evidence that economic momentum globally is picking up and that's typically positive for commodities and the Australian dollar.
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en The fall in employment is a good indicator that things are pretty tough. The economy faces some stiff headwinds from the central bank's interest-rate increases and that's going to be showing up in the employment market, the housing market and consumer spending.
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en The fall in retail sector profits reflects the inability of many retailers to pass on cost increases in an environment of weak consumer spending.
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en Parts of the economy are still doing well, with mining booming and that's generating jobs. I do think that employment growth will slow this year and that will be enough to keep the central bank on the sidelines.
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en Even though there are a lot of anecdotes that the housing market is bouncing back, these numbers will cool that down a little bit.
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