00:00Surprisingly robust national accounts, with a gross domestic product, or GDP number, that
00:08says the value of the goods and services we create is growing far faster than the experts
00:14expected.
00:15Productivity grew 0.3% in the quarter, when it had been flat and spent a lot of 2024 going
00:22backwards.
00:23Normally, rising wages prompt employers to spend more on technology.
00:27But while wages lifted, public investment slumped and private investment was just above
00:33zero.
00:34Maybe the June announcement of the government's reform roundtable made people work a bit smarter.
00:40After their holiday, US stock indices all went backwards, and crude oil slid after US sanctions
00:47on some shipping companies linked to Iran.
00:51Our dollar flatlined with the GDP figure, so seemingly little concerned about its potential
00:57impact on interest rate cuts.
01:00The hit was on the market, down substantially, and largely due to turmoil in the bond market,
01:06where governments go to fund debt.
01:09But to keep things in perspective, since President Trump announced he'd put tariffs on the entire
01:13world in April, our market is up almost 20% in value.
01:18And to the garage.
01:19Australians bought more than 100,000 new cars in August, and for the first time, four Chinese
01:25brands in the top ten.
01:27If the roads feel skinnier, it's all the utes and SUVs.
01:31Of the top ten cars we buy, they're nine.
01:35But Tesla sales in Australia have been torched.
01:38The falls even more substantial in Europe.
01:41And that's finance.
01:42The fall even more serious.
01:44The wise Chinese get pause.
01:44Have a full Swiss businessman.
01:46depriving hourANS.
01:49If it wasn't the same chance for來了 from previous months.
01:50The band varieties also have been torched.
01:52We use it in dawning in France.
01:53We use 8 years to 50데cares.
01:55The one that's just a則 in the back passado, we use it as our biggest centimeter AR comes up
01:58as aкогоparable.
02:01So here's what it has ya.
02:02So I can do.
02:03I won't let people here live Gan enter.
02:04We'll stay here in the backéléΦ.
02:06In this case.
02:07I won't let people here live when we get back to this moment.
02:07So now, let's put the love乾elium in Egypt
02:08and the end ofnik Där.
Comments