An economy that loses 9,300 full time jobs, but gains 20,200 part time jobs, probably isn’t an economy that’s experiencing real growth and prosperity.
If the Australian government really wanted to splash around a lazy $10 billion, here’s a suggestion:
Is this the cosmos saying that the government’s new budget is in tatters already? As far as signs go, it looks like a pretty obvious one to me.
Yesterday’s euphoria has been replaced by today’s reality. Folks out there are starting to understand exactly where the Australian economy is heading.
Think about superannuation as the government’s own stockholding. In fact, view the SMSF pool as one big company.
Cutting rates isn’t a good sign of a growing economy. The RBA cut rates to help stimulate the economy. To help jump start a flat-lining heartbeat.
Australian Pharmaceuticals are expected to rise even higher. And it will be powered by China’s growing middle class.
There’s clearly plenty of momentum. And gold will probably re-test the 2015 high of US$1,307 per ounce this week. If this happens, Aussie gold stocks should benefit.
What is deflation? Why is it bad? Is it bad? What does it mean for stocks? That’s what most people want to know when they hear the ‘D’ word.
Prime Minister Turnbull’s government wants to cash in on low interest rates to ramp up borrowing. That’s for building infrastructure around the country.