Andrew Kelleher: JMI Wealth director on ANZ Bank's Business Outlook for November

ANZ Bank's Business Outlook for November is a mixed bag.Business Confidence fell 3 points from October, a slight improvement on the preliminary reading.The reading of Own Activity Outlook fell by 7 points which is trending down.JMI Wealth director Andrew Kelleher told Mike Hosking it's a very clear signal that inflation pressures are extreme.He said he's a little bit worried about Profit Expectations, which is lower.“We're sort of feeling OK about the economy about the macro-level at the moment, that's the big picture, but at a micro-level, that situation is not as clear.” LISTEN ABOVESee omnystudio.com/listener for privacy information.