With Consumer Confidence at record lows and Cost of living rising, either Consumer Spending plummets or Wages start to spiral. Consumer Spending plummeting is a disaster for the Economy. Wage spiral is the problem with allowing Inflation to run, it's causes further Inflation.
AFR article on Wage rises
https://www.copyright link/policy/economy/there-are-more-jobs-than-job-seekers-that-s-good-news-for-pay-rises-20220817-p5bal5
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-3876
-
-
- There are more pages in this discussion • 12,394 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
Featured News
XJO (ASX) Chart |