The Australian economy has grown 3.3%. The housing market prices keep on rising. Job data is strong, and unemployment is at a low 5.6%. So everything is going great, right?
The post A Look Under the Australian Economy’s Bonnet appeared first on The Daily Reckoning Australia.
Japan’s stock market crashed in 1989. Since then, the no-luck Japanese have had sluggish growth, recession, and on-again/off-again deflation.
The post Don’t Bet on Deflation Lasting Forever appeared first on The Daily Reckoning Australia.
While the market is happy celebrating a timid Fed, one major sector in the Aussie market doesn’t look particularly healthy. Since being decimated during the 2008 credit crisis, this sector has bounced back strongly to once again become a ‘market darling’.
The post The Bell Has Rung on the REIT Sector appeared first on The Daily Reckoning Australia.
At some point the RBA was elevated to sole guardian of the Australian economy, yet there isn’t any official mention of it. Now where is that memo?
The post The RBA Controls The Aussie Economy: I Must Have Missed the Memo appeared first on The Daily Reckoning Australia.
Stocks were up, bonds rallied, precious metals and commodities rose too, and the US dollar tanked. Yet the decision to keep rates on hold was largely expected, wasn’t it?
The post Is the Stock Market Going Through A Sucker Rally? appeared first on The Daily Reckoning Australia.