As I write today the Australian stock market has slumped around -4% so far after the Dow Jones fell -4.3% and markets in Europe also ended sharply lower. As per usual, many finance journalists are hurriedly pumping out scary stories and dramatic headlines to gain readers attention so it’s time to grab a cup of coffee, relax and focus on the facts.
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A stock market rout, investor fear & the global economy
August 5th, 2011 · 69 Comments
Tags: China · Economy · Opinion · Stockmarket · United States
ASX stocks, the Baltic Dry Index & the Copenhagen Circus.
December 17th, 2009 · 5 Comments
Both the ASX All Ordinaries and S&P/ASX 200 have been basically moving sideways now since September and although the market may seem to be drifting, it is actually reflecting fairly accurately the state of the Australian economy. For despite what some finance journalists seem to believe, the Australian economy will not be able to surge ahead simply because the Chinese are stimulating their domestic economy.
Tags: China · Climate Change · Commodities · Economy · Stockmarket · technology
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