The froth gets frothier
Kia ora,
Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news it seems the absence of official US economic data isn't holding back financial market risk takers, and even the data that is available, none of it very positive, isn't restraining them either.
First in the US, consumer debt growth seems to have evaporated in August. They were expecting a 'normal' +US$12 bln expansion, better than last year's +US$9 bln rise. But they…
The skinny
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