China lines up massive fiscal bazooka
Kia ora,
Welcome to Wednesday’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.
Today we lead with news the fiscal bazooka is reportedly in place in China. And it is bigger than expected.
But first, US retail sales remain strong. The Redbook index rose +5.6% last week, its biggest gain since early September, and better than the +5.3% in the same week last year.
The number of job openings in the US fell by -418,000 to 7.4 mln in September from a downwardly revised 7.9…
The skinny
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