Let's start with the good news: the Reserve Bank cuts interest rates. Cue general rejoicing among retailers, small businesses, mortgage holders and Labor ministers and supporters.

Dun and Bradstreet says our overall business outlook is stabilising and this before a rate cut. Good news indeed.

Profit reporting season off to a positive start with strong Cochlear results. Downer EDI lifts profits some 80 per cent. Good news you would think but no they warned of tough conditions ahead so on the one hand bad news on the other hand good news.

To the bad news then: the Reserve Bank cut interest rates. Cue concern among economists who warn it reflects fragility in the economy, and among bank deposit holders, self-funding retirees and Coalition members.

Bad news also in ANZ job advertisements are down for the fifth straight month.

More bad news when the trade surplus falls short of expectations.

Confused? Grab a number get in line.

Janine Perrett