Entries Tagged as 'chinese economy'
Australian stock market outlook for 2011
January 4th, 2011 · 26 Comments
As another year starts it’s time for me to make another stock market forecast, one which I will probably regret making in just a few months time. Generally speaking, I expect that 2011 is not going to be particularly kind to the Australian economy and therefore my Australian stock market forecast is not going to make market bulls very happy.
The unbalanced economy and household savings
October 23rd, 2010 · 43 Comments
Over the last few weeks most of the financial media have once again managed to draw the wrong conclusions on a range of issues from Australian dollar to the strength of the Australian economy. Talk of the so called two speed economy seems to be back in vogue whereas I believe we should be focused on and worried by, the unbalanced nature of the Australian economy.
A double dip recession, fear and keeping an open mind.
August 27th, 2010 · 32 Comments
Well the Dow Jones closed this morning below 10,000 and for those financial writers who focus more on grabbing reader’s attention rather than on facts, that can only mean one thing: the U.S economy is heading for a double dip recession! Of course the fact that the U.S economy is actually expanding, as are other major economies like China, Japan and Germany, appears irrelevant to many market commentators who seem intent on making investors fear that another economic crisis is at hand.
Oil, gold, the Dow Jones and the ASX All Ordinaries.
July 29th, 2010 · 8 Comments
Despite a fairly nasty stock market correction over the last few weeks the Australian market did not fall anywhere near the lows of March 2009 and as I have been saying for nearly a year, we won’t see those levels again for some time, if ever. So now that the market correction appears to be over, what are stocks, oil and gold prices likely to do during the next few months.
The two speed economy, debt and the fantasyland federal budget.
May 17th, 2010 · 39 Comments
Now that the major stock markets around the world are falling the Australian media have become obsessed with the concept of a “two speed economy”. I am not sure who first started using this term, maybe it was the gurus at the Treasury or the Reserve Bank, but in my view there is no such thing as a two speed economy. The situation we have now is that the economy has simply been mismanaged.
What might an Australian economic slump look like?
April 30th, 2010 · 140 Comments
If you are an investor and you have not contemplated an economic slump in Australia during the next few years then in my view, you might be in for a nasty surprise. Yes the Australian economy did hold up well during the worst of global financial crisis, but the crisis isn’t over yet and it still has some sting left in it’s tail. (just ask the people of Greece!)
Another G20 love-in, the global recovery and China.
April 25th, 2010 · 36 Comments
All hail to the G20 Finance Ministers and Central Bank Governors, for according to the communiqué from G20 meeting in Washington, they have saved the world from a financial crisis and will now lead us into a new era of growing global trade. Of course if the G20 actually functioned properly in the first place we would not be in the mess we are in now, but I guess they don’t talk about that much at the meeting.
ASX All Ordinaries candlestick charts and trends.
April 13th, 2010 · 111 Comments
Yesterday the ASX All Ordinaries finally closed above 5000 and many stock market investors will now be wondering if this is the start of another period of rising stock prices, or simply the prelude to another downwards correction. Well the answer to both questions in my opinion, is yes.
A stock market correction, some panic and nervous investors.
February 5th, 2010 · 32 Comments
Over the last week the Australian stock market has taken a turn downwards pretty much inline with markets across Asia, Europe and the U.S. Once again no mater how much the RBA talks up our economy, the fact is that Australia’s economic health depends on how our major trading partners are doing and investors are starting to get worried about the global economic outlook.
Can Australian home prices keep rising?
February 1st, 2010 · 908 Comments
Back in the 2008/2009 when home prices in parts of Europe and the United States were tumbling there were plenty of “experts” saying Australian house prices would also come crashing down. But alas the residential property market remained fairly robust during the global financial crisis and the experts who predicted a crash in property prices were wrong.
When the Chinese economy slows, Australia’s may tumble.
January 21st, 2010 · 9 Comments
All things considered 2009 was not a bad year for the Australian economy and certainly a good year for the Australian stock market. Now with the worst of the global financial crisis apparently behind us all should be well in 2010 correct? Well maybe, China willing, but where others see blue skies ahead for the economy I see storm clouds.
China’s Harmful Economic Policies
December 19th, 2009 · No Comments
It’s time to start getting tough on Beijing. No, this is not a rant about China’s alleged lack of human rights. When China has something as evil as Abu Ghraib and Bagram we might have a right to complain. Nor am I complaining about China’s lack of something called democracy. Would China’s one child policy have survived in a democracy?
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.
