Who does this make you think of when you read it ? #financialicon #valueinvestor #omahanebraska

The RBA has released the Minutes of the October 2018 Monetary Policy Meeting of the Reserve Bank Board - bit.ly/2AdmCGC

Credit growth was a key support for economic growth. Now that businesses ,consumers and investors are borrowing less what will support the economy in its place? #insights #OPW #economy

October can traditionally be a tough month for share markets. So far, this October is proving to be no different. It is down 5% so far. Is this just another dip or the start of something bigger? #Insights #OPW #sharemarket

Interesting move today by the RBA. What does this mean about the overall state of the economy ?

"Someone's sitting in the shade today because someone planted a tree a long time ago" - Warren Buffett

A market panic like we've never seen before. Johnny Shapiro bit.ly/39wgkRE

Is it the coronavirus or something like consumer spending, debt levels and wage growth that may have caused the market correction ?

Has fear overtaken greed ?

Spot on. It’s times like this we need to be fluid and make changes accordingly based on what is happening in the economy.

Maybe a rule that a set % is agreed for all Australians based on their portfolio balance ? While we need to manage the now we also need to keep an eye on the future

With so much uncertainty in the economy managing your personal finances is critcal. Who has a monthly budget and reviews their cash flow on a weekly basis ? Businesses do it. Households should do it also.

With unemployment / underemployment rising, how does the economy start to recover? 80% of the economy is impacted by consumer spending. Will be interesting to watch how the market reacts !!!

Who agrees ?

I think it’s worth studying how much available capital Warren Buffet has in the bank. This should give you a great idea of what he sees happening.

Consumer spending !!! Impacting business significantly.

The #coronavirus will trigger a long-term increase in working from home. The home must change. Multiple workstations for parents & kids. Broadcast outlet in home office. Convert garage to home gym & groc storage. Replace pretty garden with veggie patch. W/E Australian Mag p28.

This is concerning on a number of fronts. Consumer spending is a key driver of our economy. If there are less jobs, there is less spending. The true impact of Covid-19 from an economic perspective.

After coronavirus, expect to see smaller airlines bit.ly/2WiG4gl

What impact will money printing have ? Worth considering when looking at the current state of global economies and strategies to stimulate ‘real growth’