
What now for Aussie investors on Wall Street?
The Money Puzzle
00:00
Weak Consumer Confidence in the US?
G d p for the fourth quarter last year, im it came in at six point nine %. But one point nine % was in sales, and the other five % was in inventory stocking. So there's been a massive, massive build up in inventories in the us. And as the supply chains is you're probably going to see even more infantry build up - which is fine for g d p growth. But the question mark is that it's now occurring at a time when consumer confidence in the us Is falling, and falling dramatically. The lower demographic in america is really, really, quite negative. Even though they talk about how robust the us. Consumer is and the balance sheets
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