The market is up, but business confidence is down – only one can be right | Finance Report

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  • The disconnect between economic surveys and predictions and the financial markets is starting to get extreme – one of them is wrong. Business confidence has collapsed to its lowest point ever, and the unemployment rate is expected to hit 10%, yet the sharemarket has been rising since March the 23rd.

    Read more here: https://www.abc.net.au/news/2020-04-14/dow-jones-wall-street-asx-coronavirus-market-confidence/12146232?section=business

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