We have had warnings of harder times to come from
the latest business and consumer confidence data. Then there was the bad
employment numbers for September.

I now report three disparate bits of information of
the sort I once would have said added up to a distinct change of
direction:

  • My banker said: “Things suddenly went quiet in October.”
  • A friend in the radio business said: “Advertising has taken a
    dive.”
  • Another friend said a friend of his is worrying
    about a big drop in new car sales.

Henry appeals to readers to tell us what is really
happening out there.

Peter Fray

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See you in 2021.

Peter Fray
Editor-in-chief of Crikey

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