The NAB business confidence survey had one telling statistic from my perspective

James Marlay

The NAB business confidence survey had one telling statistic from my perspective. Capital expenditure in the mining sector is at the lowest level since the survey started in 2002. I don't think I fully appreciated how many businesses benefited from the booming mining sector and to a large extent so may have been shocked by how quickly the slowdown has occurred. (VIEW LINK)


James Marlay

I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.

Expertise

Australia economy capital expenditure quantitative easing usa

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