{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"201 - Mark\u2019s Return: A brief global market meltdown, the RBA\u2019s \u201cdon\u2019t call it forward guidance\u201d guidance, and our sluggish GDP numbers.","description":"We welcome back AICD Chief Economist Mark Thirlwell, fresh from his holiday, as we dive into the market turbulence that peaked while Mark was celebrating his dad\u2019s 80th birthday in Saltburn. We explore the Reserve Bank of Australia\u2019s decision to hold steady on rates, as anticipated, and examine the global interest rate landscape, including hints of US rate cuts following the Fed Chair\u2019s speech at Jackson Hole. We also dissect the clash between market expectations and the RBA\u2019s timeline for cutting rates in Australia. Plus, we take a closer look at the latest GDP report: with six consecutive quarters of per capita recession, growth driven largely by population expansion and public spending, and signs of weakness in the private sector as household consumption, savings, and private investment all fell. &amp;nbsp; ","author_name":"The Dismal Science","author_url":"https:\/\/www.aicd.com.au\/news-media\/podcasts\/dismal-science-podcast.html","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/32936847\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/01abfd\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/32936847"}