The song remains the sameBY BENJAMIN ONG | FRIDAY, 9 NOV 2012 9:40AMThe big macro events of this week hasn't changed one iota of the future. It was status quo all around. |
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Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
I have heard from a number of Independant Economists that the US would slow by as much as 3 to 4% sending the US into a deep recession if Congress fails to prevent the measures from kicking in!! That seems a huge difference to 0.5%. I would have thought that $1.2 trillion in spending cuts and tax increases would affect there economy more than by 0.5%. What are your thoughts?