Can Australia resist the lowest interest rates in 5000 years?

Thursday 9 June 2016

Some killer charts today from BofAML sum up today’s spectacularly unique set of global economic circumstances. Lowest interest rates since Paris stole Helen’s heart:

As this:

Fights this:

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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.