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The dumb bubble pushed back hard at the AFR yesterday:
Many won’t talk about it in public, but senior executives and directors are privately ecstatic about Malcolm Turnbull’s prime ministership.
The most obvious upside for business is that it clears up months of leadership instability is should give a much-needed injection to business and consumer confidence.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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