Consumer confidence has fallen five times in the last eight months and signals that the difficult times are not over for households.
More Quotes from Jarrod Kerr:
The interest-rate advantage with the U.S. will continue to narrow and that will weigh on the Australian dollar.Jarrod Kerr
Recent soft economic numbers for Australia and the fall in the annual rate of inflation add up to an unchanged cash rate on Wednesday. In fact, we forecast an unchanged rate for all of 2006.
Jarrod Kerr
The downside surprise on economic growth was not large enough to alter the outlook significantly.
Jarrod Kerr
There's no need for the central bank to raise interest rates again.
Jarrod Kerr
The market is now taking a pause to assess just what Rita will do. It won't fully digest Rita until Monday, although the forecasts are looking a little better than yesterday at present.
Jarrod Kerr
These reports provide further reasons for interest rates to remain on hold.
Jarrod Kerr
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Deals are my art form. Other people paint beautifully on canvas or write wonderful poetry. I like making deals, preferably big deals. That's how I get my kicks.
Edward Koch
Men hate the individual whom they call avaricious only because nothing can be gained from him.
Voltaire