For the last few months we have been talking about how the soft data (i.e. surveys and forward looking) has been looking recessionary but the hard data has been surprisingly firm.
Inflation
Wages
Productivity
Profits
LEI
Jobs
Retail Sales
Earnings
That has started to change, and in the hard data we are seeing sweeping signs of a slowdown.
In this week's podcast Nucleus Wealth Chief Investment Officer Damien Klassen and Chief Operating Officer Shelley George, dogged into the most recent data, what it is showing and pose the question of whether the reserve bank of Australia has gone too far...
Agenda:
RBA Argument
Leading Indicators
Take us on your daily commute! Nucleus Investment Insights is available in Podcast form on iTunes and all major Android Podcast Platforms.
Samuel has a Master of Financial Planning and a Bachelors degree in Psychology. He has worked in Financial Services since 2017 as a Financial Adviser and Mortgage Broker. Sam is a dynamic individual and has a real passion for investing and compound interest. He prides himself on his professionalism and ethical conduct, always striving for the best outcomes for his clients. He really enjoys helping people achieve their goals and loves the investment journey.
