The moment of consumer delinquency I have been talking about has begun to materialize in Australia & New Zealand. Adjustable rate mortgages have reset to higher levels; while consumer have become debt ladened. Tune into the episode to get caught up and see how an amazing short has come to fruition by macroeconomic analysis.
We Told You So: Australian & New Zealand Banks | Trade Talk From A Hedge Fund Insider podcast - Listen or read transcript on Metacast
