Entries Tagged as 'baltic dry index'
Tough times for Gold Prices, Mining Stocks & the ASX 200
April 18th, 2013 · 14 Comments
It has been quite a week with investors needing to digest the slump in gold prices and also the weakening of commodity prices as well. Although I have been warning about both a gold and commodities bubble for some time, I have to admit I didn’t expect the gold price to fall back quite this much, this early.
Baltic Dry Index, AMEX Oil & Gas & Commodities Prices – July 2012
July 4th, 2012 · 17 Comments
As we enter a new financial year it’s a good time to step back and look at some global economic indicators to try and get a grasp on any trends that might be emerging. Are there some signs of economic life out there or any hints of a global economic recovery that might help stock market investors some hope for the second half of 2012?
Where is the Australian Economy heading in 2012?
February 3rd, 2012 · 19 Comments
It wasn’t that long ago when ex-Treasury Head Ken Henry talked about the Australian economy being in a ‘Golden Age’. I guess when you can retire on a lucrative public service pension and then parachute into a highly paid job as an advisor to the Prime Minister the future does probably seem bright. But now in early 2012 as unemployment appears set to rise and the economy is showing signs of weakness, Ken Henry’s ‘Golden Age’ comment might end up in the same category as Tim Flannery’s ‘Dams will no longer fill’ prediction.
Are Australian stocks set to ride another bull market?
January 27th, 2012 · 23 Comments
Recently the markets appear to have settled somewhat and the Australian stock market has steadily been heading higher so far in 2012. Could we be seeing the early signs of another bull market taking hold or are we about to see another sharp correction take the ASX All Ordinaries back down towards 4000 and perhaps lower?
Are Australian stocks set to ride another bull market?
January 27th, 2012 · No Comments
Recently the markets appear to have settled somewhat and the Australian stock market has steadily been heading higher so far in 2012. Could we be seeing the early signs of another bull market taking hold or are we about to see another sharp correction take the ASX All Ordinaries back down towards 4000 and perhaps lower?
Australian stock market outlook & forecast for 2012
January 8th, 2012 · 60 Comments
The ASX All Ordinaries Index and S&P/ASX 200 Index finished much lower than I expected in 2011, so this makes me somewhat reluctant to go on record and make an Australian stock market forecast for 2012. However the process of looking at the various economic data and trying to guess where the market will end is a useful one, so foolishly I will outline once again my Australian stock market forecast for the year ahead.
Oil Prices, the Baltic Dry Index, Stock Markets & Gold.
December 7th, 2011 · 34 Comments
The interest rate cut yesterday by the Reserve Bank of Australia suggests that finally the RBA understands that the Chinese economy will not keep expanding at a rapid rate while its major trading partners are struggling. But even if the Chinese economy slows more than most economists expect this is unlikely to send the global economy back into a GFC-like slump.
A bear market, the G-20 circus & another report.
September 28th, 2011 · 38 Comments
This week the Australian stock market slid into what I would call a bear market although some would argue that it has avoided such fate by a whisker. The reality is however that the ASX All Ordinaries did close below 4000 recently and that represents a drop of just over 20% from levels seen in April. If it looks and feels like a bear market, then for me it is a bear market.
The stampede towards global economic pessimism
September 13th, 2011 · 30 Comments
A sure sign that an economic trend has been established is when the OECD finally jumps on the trend bandwagon and recently the OECD has joined the group of recently converted economic pessimists. Gone are the days when big borrowing, big spending governments would save the day – the theme of the day now is hang onto your hats because we might be in for a bumpy ride.
The stock market rout has paused, but will it return?
August 14th, 2011 · 23 Comments
This week was quite a ride for stock market investors with the ASX All Ords and ASX 200 both trading at one stage under 4000 points. However as the week progressed the markets started to claw their way back up and things are not quite as worrying as they were a few days ago. What investors will be trying to work out now is if the stock market rout is over, or is it just having a rest before it once again sends stocks falling?
A stock market rout, investor fear & the global economy
August 5th, 2011 · 69 Comments
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.
Recession watch and the Reserve Bank of Australia awakens
July 6th, 2011 · 24 Comments
As each week passes the moans of struggling businesses grow louder and finally it appears that the Reserve Bank of Australia (RBA) board members have woken up to the fact that the economy has been sliding backwards since late 2010. Once again the RBA had made a tactical blunder and raised rates too high just as they did as the global financial crisis was unfolding back in late 2007.
