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Proving it is just a matter of confidence the RBA has been hell bent on getting Australia to full employment.

The RBA cut interest rates (yet again) to another record low this month. The official cash rate which is where banks borrow and lend overnight to the RBA now stands at 0.75%.

This week President Xi blinked, with a promise to buy $50b in US farm goods. In return, President Trump agreed to suspend an upcoming tariff increase on at least $250b in Chinese goods from 25% to 30% which was due to take effect this week. Both sides ultimately agreeing some deal is better than no deal.

"Recession, Recession, Recession! " headlines and markets are screaming. But why all of a sudden are they worried?

Overnight the Dow Jones Industrial Average fell 800 points, recording its biggest one-day fall this year. It was a reaction to data which showed the world economy slowing further, driven in part from President Trump’s trade protectionism.