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Jobs growth is decoupling from economic growth for the first time since the post-Great Financial Crisis era, Mohamed El-Erian said. Source: businessinsider.com
Source: politico.com
Source: barrons.com
The RBA has been forced to hike rates as a modest pick up in growth stokes inflation. Source: bloomberg.com
The question is whether it is turning European or Australian. Also in this newsletter, all change in Eurozone labour markets Source: ft.com
Confidence among investors fell this month, highlighting the fragile nature of an anticipated rebound in Europe’s largest economy this year. Source: wsj.com
“Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports,” Oxford Economics’ Bob Schwartz wrote. Source: fortune.com
Inflation genie ‘mostly back in the bottle’ Source: covermagazine.co.uk
I hate it when people ask if I have any hobbies. I know they are well-intentioned, just trying to get to know me, but how can I explain my hobby is … collecting credit card points? Source: bloomberg.com
Germany’s economy is expected to grow by 1% this year, more than the 0.7% previously forecast, but a year of reforms is needed to achieve a sustainable recovery, the German Chamber of Industry and Commerce said on Tuesday. Source: reuters.com
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