Wednesday, 31 July 2019

Lost decade

To hell in a hand basket?

If I’ve read one article about the end of Australia...I must have seen seven thousand of them.

Which, incidentally is where stocks are heading...


Source: ASX

All-time high.

Predicting the next recession seems to have become a sad national sport, but to not much avail.

—-

Iron ore spot price closed up 2.3% at US$121.75 per tonne.

CPI figures for the June quarter are out later this morning.