Tim Toohey goes all in on new boom

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We’re still waiting for Tim Toohey’s last boom which was going to skyrocket interest rates in 2017. Now a new one is on the way, via AFR:

“We’re going to see another 12 to 18 months of an upswing here,” he said.

“The financial markets have been obsessing about 2020 being the year of the global recession but that veil’s been lifted.”

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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.