The New-Normal Down-Under
zerohedge.com / by Tyler Durden on 02/12/2015 20:16
If you thought the utter insanity of the new-normal’s central-planner-driven “bad news is great news”inflate-a-thon was reserved for The Fed, think again… This week Australia has had the dubious honour of seeing a huge ‘surprise’ surge in its unemployment rate to a 13-year high at 6.4% (from 6.1%) – which was largely ignored by the cognoscenti as anomalous data, but really just shows the utter farce that seasonal adjustments have become on government data. Tonight something else happened… theAustralian stock market has soared 11% in the last 2 weeks to its highest sincee May 2008.
The post The New-Normal Down-Under appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/02/12/the-new-normal-down-under/
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