Consumer confidence rebounds to suicidal
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As opposed to levels we might associate with Revelations. Via ANZ:
ANZ-Roy Morgan Australian Consumer Confidence: Strong bounce from the record low is an endorsement of the Government’s wage subsidy policy. But consumers still worried and not in a mood to spend. @roymorganonline @DavidPlank12 #ausecon #ausretail pic.twitter.com/OYNh3vAWgS
— ANZ_Research (@ANZ_Research) April 6, 2020
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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