Stong economy Sophistry = rubbish

  1. 5,768 Posts.
    If the economy was strong, why is not the ma of the market price pillar of XGP index (snapshot of the ecomnomy) moving up strongly? FOr the ecomony to be strong, ma of market price should be rising by 1 cent per day or 100km/h, it is currently only 6-7 km/h. I cannot believe how ignorant the RBA is. Seems ot me that economic stats are a bit like employment stats, very selective or biased towards a favourable view rather than the truth.
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