|Data for week commencing 12 November 2018|
We’ve had a shocker on the stock market this week, with the AFR telling us we’ve lost $54 billion in market cap off our top 200 Aussie companies. I know it felt bad but the final score was a 191-point loss on the S&P/ASX 200 index, which means we copped a 3.2% sell off and I want to know on what?
Seriously, after a great week of economic data on jobs, wages, consumer confidence, business conditions and even petrol prices, you’d think we could’ve had a reasonable tale to tell. But no, and I blame overseas issues, with Donald Trump’s trade war drama topping the list.