Central bankers are fast running out of options. This means that when, not if, the next crisis hits we are going to bear the full brunt of the market.
Africa and the Middle East
While the editors here at The Daily Reckoning acknowledge and celebrate Australia’s giddy history as the dominant cricket power, they recognise when it comes to the global economy we’re not quite up there with the big boys.
Because Australia is a small, open economy, as an investor you need to watch developments overseas that can impact here. It might be the US central bank driving up the exchange rate, to European hedge funds shorting the market, to trade agreements in Asia changing the investing landscape.
That’s one reason they Reckon every day. If you need to know about it, they’ll cover it.
That’s 25 million people in the US who have slipped out of the middle class during the time when the dream team has been engineering a ‘recovery.’
Japan’s stock market crashed in 1989. Since then, the no-luck Japanese have had sluggish growth, recession, and on-again/off-again deflation.
There are three ways to repay sovereign debt: default, growth and inflation. Obviously, growth is the best way, but it’s not happening.
The War on Terror is the longest war in US history. And for the security industry, it’s the most profitable war ever. Of course it is real!
China’s economy is the exceptional one here. The rate of debt growth in the Middle Kingdom since the 2008 crisis is a historical anomaly.
Italy is not doing well economically. It has been affected by a nationwide banking crisis and Europe’s refugee crisis. Its debt to GDP has climbed to a whopping 131.8%
Markets are simply not positioned for a tough-talking Fed. The good news is that any sharp selloff will more than likely be a buying opportunity.
Most likely, the downward drift of output will continue. If so, you should expect an official recession before the end of 2017.
Who said you can’t make money in this market? If Avocados can demonstrate incredible growth, then I know there are other opportunities out there, too.
There’s still huge scope for growth to come out of China and the rest of Asia. Naturally, Australia is incredibly well placed to benefit from this.
many Australians will not be able to work past retirement age — even though they are counting on it. A Mercer study revealed 40% of Australians retired before they were financially ready
So far this century, only the rich have gotten wealthier. Naturally, they are keen to see the system that gave them — and them alone — such great wealth continue.
In the US economy and its capital markets. We’ve been warning that the Fed would never make any substantial increase to interest rates.
A President Trump determined to rid the nation of its mutant regime of Bubble Finance at home and failed interventionism abroad would need to make 10 Great Deals.