Walk The World The latest edition of our finance and property news digest with a distinctively Australian flavour.
“CONTENTS*
0:14 Introduction
0:41 US Markets
5:50 European And UK Markets
7:40 Oil and Gold
8:16 Asian Markets
9:30 PBOC Monetary Policy
17:55 Japan
19:13 Australian Markets
22:45 Crypto
25:50 Summary And Close
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Caveat Emptor! Note: this is NOT financial or property advice!!
1st 💖🍺😋
Stock Markets = Barometers of Rich Peoples Feelings
Hi Martin!
Podcast edition: https://episodes.castos.com/dfa/eb827054-e92c-4097-bbb8-29ac1120ed4f-SHGN7-S001-S001-T002-ISO1-7-1.mp3
Less of a reversal and more of a progressive step to shore up the more stable building corporations now that the wheat has been sifted from the chaff.
Did you know Irans GDP grew by 4% last year? Seems sanctions are a winner for developing nations if you’ve a highly educated population 😉
Policy easing in China is because they know they are in trouble. The problem is that the commercial lenders still need to have enough faith in the economy to actually lend, much like the Feds QE.
I just can't believe the price of butter at the moment and I feel prices will not drop back that much.
The stock market is totally fake.laugh and watch your superannuation disappear. Yes I’m in for the long haul and yes it has always come back.what if it doesn’t.history shows a forty year come back.we are not living in the past and we don’t have a future.
NOTHING TO SEE HERE…….SAYS IT ALL!
Why is China still having a problem with covid when the world is fine. Did they use a defective vaccine? Are they running out of vitamin C vitamin D and ivermectin?
The RBNZ expects that NZ will move into recession, and this will last a long time. But a case can be made that after adjusting for house price inflation aided and abetted by the RBNZ, and population growth clearly in the governments hands, the rest of the economy has been in recession off and on for years. Low levels of growth are normalized but this is also associated with the lack of positive management. Finance Minister Robinson politely disagrees with the RBNZ on whether a recession will occur. This shows the shell game on economic policy for what it is. No one is responsible for the outcome.
I don't disagree with the move back to interest rates in the historically normal band, but no explanation is offered for the original deviation from those norms. The RBNZ seeks praise for ceasing to do dopey stuff. But having caught the RBNZ doing the right thing, we do need to praise them for selfish reasons. Essentially however this experiment has failed. The idea that we will gain prosperity from lazy conservative policies and faith in markets has been disproved. Hard work and realistic planning in support of business is required if we are to maintain an edge over more dynamic Asian economies.
"The reason most people never reach their goals is that they don't define them, or ever seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them." -Denis Waitley