ANZ to ease clamp on specufestors

Tuesday 19 February 2019

Via ANZ’s new profits release:

As I noted last week, ANZ had indeed led the specufestor clamp down:

It’s a great shame they’re turning that around. That said, I do not expect it to make much difference to systemic growth.

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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.