Rather than wonder what each set of dubious Chinese data means, I’ve simply decided to follow the iron ore price as a proxy for China’s economic health. Right now, iron ore is holding up around US$58/tonne.
The flourishing Asian economy will be a major source of growth and opportunity for Australian companies and investors in the years ahead.
But there’s also the danger of managers and investors getting lured into markets they don’t understand. You can find out the companies and regions poised to profit and those that aren’t from our investment editors. They get the facts you need to know to make an informed decision and to make sure your money is in the right place — at the right time.
After eight years of popping ‘blue pills’ of different sizes and in varying quantities, did the US economy rise to the occasion?
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.
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.
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.
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.
At the G20 Summit, Chinese President Xi Jinping urged Australia to take a fairer and more predictable approach to investment. The Chinese clearly view the Ausgrid decision as one motivated by political — not economic — reasons.
Check out the recent fruits of Japan’s monetary insanity. If their aim was to weaken the yen, it’s been a dismal failure…
If the Aussie government’s paranoia is about hacking and cyber attacks, then we should cut all ties with the US. And we should get pretty cosy with China.
In the first quarter of 2016, WeChat generated $1.8 billion in mobile revenue. Compare that to WhatsApp’s $49 million, or Facebook Messenger’s big fat zero.
Australia’s economic growth model is built around consuming more than we produce, which means we must borrow or sell off our assets to maintain this model.
Interest rates. Stimulus. With boring repetition we see the same worn out and failed responses to the deflationary pressures the world is facing.
According to the RBA statement, China’s real estate market had a significant role to play in the bank’s decision to lower interest rates this week.