Macro investing: Recession risk? Pt 1

It’s been a glorious 22 years since Australia last experienced a recession. But David Llewellyn Smith of MacroBusiness believes there are sound reasons why we may not escape one this time around.

For the last two decades, Australia has beaten the business cycle. For 22 years, Australia has avoided recession. Who would want to challenge a track record like that and suggest that Australia may be on the verge of one?

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