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Wednesday, June 10, 2009
Bloody hell! We do have confidence in confidence itself
In the largest jump in consumer confidence in 22 years The Westpac Melbourne Institute index has rebounded 12.7% from 88.8 to
100.1.
Our positive responses now
outweigh
our negative answers!
Yet Westpac itself is now forecasting four straight quarters of negative growth - recession for a year:
Westpac Forecasts
Westpac Forecasts
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