Australia’s hidden recession

This week Stanford Brown CEO Vincent O'Neill meets again with CIO Nick Ryder to discuss:

• Australian GDP data showing we are in a per capita recession.
• RBA Governor Lowe’s closing remarks highlighting the importance of productivity growth.
• Hints that the Bank of Japan may be about to abandon its Negative Interest Rate Policy (NIRP).
• US non-farm payrolls data indicating a more balanced labour market.
• Risks of a second wave of inflation driven by rising oil prices, a strong services sector, and increased real spending power as wages rise. 

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