After two months of impressive jobs growth, Australia’s unemployment rate stalled in December. The months leading up to December were as remarkable as they were surprising. Despite signs of a slowing economy, unemployment fell from 6.1% to a low of 5.8% in November.
While December didn’t see an improvement on that, new ABS figures show unemployment remained stable at 5.8%.
The post Australia’s Unemployment Figures are Better than They Have Any Right to Be appeared first on The Daily ReckonSee Original Article
Charts are important because they contain a lot of information if you know how to read them. Take a look at the Dow Jones Industrial Index.
The post This Chart Tells You that Something is Brewing appeared first on The Daily Reckoning Australia.
If inventory holders become forced sellers, as some analysts predict, prices could hit $10 a barrel before this bear market is over.
The post Think You Can Time the Markets? Think Again… appeared first on The Daily Reckoning Australia.
When the fraud is revealed it’ll be too late to save your capital…the damage will be done. The smart money is edging towards those small exit doors before the crowd panics.
The post Time to Make an Orderly Exit from This Market appeared first on The Daily Reckoning Australia.
Banks are prone to making the odd sensationalist comment every now and then. Sometimes it’s warranted; other times not so much. But rarely does a bank come out with a line predicting the end of the world. Anytime it does, as the Royal Bank of Scotland did this morning, it’s time to sit up and take notice.
The post Sell Everything! Why RBS is Right to Warn of a Cataclysm appeared first on The Daily Reckoning Australia.