Closing Bell 5th June: Treasury wines rises after reaffirming forecasts. GDP lower than forecast
Treasury wines rises after reaffirming forecasts. GDP lower than forecast. ASX climbs
Treasury wines rises after reaffirming forecasts. GDP lower than forecast. ASX climbs
Stagflation is a tough economic situation where the economy slows down, many people lose their jobs, and prices keep rising all at once.
The best way to describe the markets positive spin on weakening economic conditions, is “oxymoron”, but history has often taught us that only the latter half of that word ends up describing those who buy it
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