The Q3 Retail crash
July retail sales report sets up Q3’21 as the worst ever quarter. It raises fresh questions about on the RBA’s Aug SOMP forecasts. And reminds us what is different about the Q3’21 lockdowns.
macro, politics, markets, ambivalence
July retail sales report sets up Q3’21 as the worst ever quarter. It raises fresh questions about on the RBA’s Aug SOMP forecasts. And reminds us what is different about the Q3’21 lockdowns.