The Recession is Over

Jacob Aldridge, about 1 year ago

What if I told you the Australian recession ended this week? You'd probably ignore me - after all, Australia isn't even in Recession, right? And the answer to that is: Maybe.A Recession is two consecutive quarters of negative growth. The December quarter was negative for Australia. The March quarter? Well, that ended on Tuesday. We won't have the data for a while.Maybe the March quarter was positive - no recession. But if it was negative, then the recession was real and - wait for it - it's already happened. Get over it man - that was so last quarter. We're... Read More