Economy

May 30, 2014

Big week of data may send bears into hibernation

After a series of soft economic reports, yesterday's investment figures were better than expected. Next week should leave us much better informed about how the economy is going, write Glenn Dyer and Bernard Keane.

Next week is going to be one of those two or three such weeks each year when by its end, we will have a deeper understanding of the direction of the economy — although with the qualifier that the impact on business and consumer confidence of the budget remains to be seen.

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