Not only are mass pay cuts coming to the Aussie market, they’re already happening. And it could set the country back 20 years.
Despite arguing that gold will crash to US$931 per ounce in the short term, I believe the yellow metal will quadruple in the medium to long term.
The more consistent a stock’s income stream is, and the more its dividends grow (sustainably), the higher the value the market will put on it.
You don’t need to predict the future to make money. Rather, it’s about having a strategy that can shift the odds in your favour, while managing risk.
US company earnings continue to falter, and the gap between actual and expected earnings continues to grow.
I like to use Fortescue’s [ASX:FMG] share price as a barometer for the iron ore market. And as you can see in the chart below…right now it’s doing well.
Wall Street believes that US companies will increase earnings by 16%. See for yourself. When was the last time that happened?
Typically, central banks use monetary policy (interest rates) to stimulate or stymie demand. It’s all about finding the right balance of growth and inflation — not too hot, and not too cold. Or as the phrase goes: the ‘Goldilocks economy’.
I’ve outlined three strategies today. These can make the unknown less daunting. I hope they help you make the uncomfortable a little more comfortable.
If you want to manage your money independently, and provide for you and your family, you need to learn how to discern your truth from the ‘market’ truth.