General
The economy is stuffed full of stimulants – and so are too many business commentators
It is results season in Australian capital markets, This is the time of year listed companies delivery their half or full-year results (depending on their reporting timeframes).
The investment and media community look at company results to see how particular businesses have performed and what the company’s and perhaps its sector’s prospects are.
Some types, however, like to look at certain “bellwether” companies and make broad and sweeping macro-economic assessments and predictions. Sometimes these macro assessments/prediction have a basis. Others not.
On Wednesday, the CBA announced what appears better than expected results — and not just CBA, prompting one commentator to write:
CBA, IAG and Suncorp results to…
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