What the hell is deeming and why does it matter?

This week on The Money Cafe, Alan Kohler and James Kirby discuss the following:

  • Alan has thawed out in Melbourne winter after a scotch journey.
  • Deeming: something no one understands until they have to.
  • Philip Lowe loosens up in Darwin.
  • China and US may do deals, but long term tensions are impossible to ignore.
  • Alan’s holiday has left him convinced that a true Brexit is coming.
  • None of these headwinds have curtailed a trade surplus for Australia.
  • The ASX flirts with history, something Alan finds stultifyingly boring.
  • Woolies gets out of pokies, about damn time says Kirby.
  • How should investors react to the buffets of day traders?