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Category Archives: USA
Summer in Europe
With a sense of deja vu it is approaching summer in Europe and a re-run of 2011 as Greece once again looks like defaulting and the markets are in retreat. The difference this time around is that the markets start … Continue reading
Posted in Europe, Greece, USA, World economics
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Straws in the wind, part two
In the previous post I referred to the bullish forecast for the global economy by Goldman Sachs. Another report in Business Insider addresses the USA and shows that most States are now reporting growth, and at an increasing rate. The … Continue reading
Posted in USA, World economics
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Straws in the wind
Optimistic news coming out of the USA at last may signal improvements in the economy later this year. It’s been a quiet week for news for the economy and the property market, which gives us time to wonder what happens … Continue reading
Posted in USA, World economics
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Australian economy direction
We start Monday morning with a mixed bag of news for Australia. First off, tomorrow is the Reserve Bank of Australia meeting, which we always watch in the hope of getting an interest rate cut. Opinion is mixed today, but … Continue reading
Posted in Australian economy, Europe, Real estate and economics, USA
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If it’s Monday it must be Europe
Monday again and all the news will be Europe this week. The pattern is beginning to look wearily familiar as politicians, financiers and international bodies (in this case the IMF) play games of bluff and brinksmanship, but there is some … Continue reading
Posted in Australian economy, Europe, Greece, USA, World economics
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A new mood of optimism despite Europe
A new mood of optimism is sweeping markets, which are starting to move up around the globe, with positive assessments being issued, especially in the USA where the number of positive signals is increasing, and only the fact that it … Continue reading
World bank slashes growth forecast
The World Bank has slashed its forecast for global growth in 2012 from 3.6% to 2.5%, but acknowledges that it might be worse. It has forecast -0.3% for Europe, when most forecasters are already at -0.8%. It is mostly about … Continue reading
The parallels between the 1930′s and today
There is an excellent article in todays Financial Review, in the “Review” section, called “Currencies of confidence”. Running over 4 pages it is worth getting a copy to have a read, especially if you have little knowledge of the financial … Continue reading
Posted in Europe, Real estate and economics, USA, World economics
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Markets turn down as Europe shrinks
Well the New Years’ rally in the markets didn’t last long, and we are resuming the pattern of late last year – up for a few days, down for a few days, but overall it looks more like a random … Continue reading
The impact of a Euro collapse on Australia
I’ve been asked whether the Euro could really collapse, and if so, what the impact on Australia would be. Nothing like starting with the big issues on a Monday morning! The answer to the first part is yes, the Euro … Continue reading
