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7000 may be possible, but I think that it has recovered/gone up too quickly and too much. Obviously, this cannot be sustained, and I have the gut feeling that it will go down soon.
When is the next correction?
- Thread starter Flying Fish
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I must say,you and happytrader still have Santy coming.
tech/a
No Ordinary Duck
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When Labor gets in.
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Hopefully that wont happen. Anyone hazard a guess where interest rates will be headed in the future regardless of whos in power?
tech/a
No Ordinary Duck
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Ive been working on 10% for recient developements.
If labor get in that will go to 12%.
If labor get in that will go to 12%.
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I reckon up. IMO they will easily be double digits within 5 years.
Australia aside, in the US rates have been in an upward trend for many yrs and the last retrace seems to have completed in 1982. It seems to run in 20 yr cycles. Cycles hit a high in 1982 and a low in 2002.
The only way is up baby!!(plus some retracements along the way hehe)
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Unfortunately, the latest mass melting of the northern ice sheets due to climate change means Santa's sleigh runway no longer meets Civil Aviation operational standards. As a consequence of this tragic event, Santy & Co. have been forced to pack up their business lock, stock and barrel and were last seen paddling a fleet of dilapidated kayaks into the Bermuda Triangle, heading south for the winter...
AJ
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Well things are starting to look bad again in the US the sub prime mess still unfolding , dollar droppign and looks like unemployment could start to rise sharply very soon. I don't think they can get out of a recession this time. There nation savings is negative for the first time since the great depression and consumers which are 70% of the whole economy are running out of money, loans and maybe jobs soon.
For OZ the US market isn't that big but for China alot of their wealth is built from US consumers, I think we are going to see a recession in the US with a following slowdown in China where their exports will drop and with little consumption at home their trade imbalances will start to show.
I think India will be largly protected and that Europe will experience a slow down as well.
Question is what will happen in OZ? our commodities mostly go into construction in China which i cant see slowing due to the level of urbanisation going on. I think there will be another worldwide market drop when everyone relises the US is screwed followed by a recovery in emerging markets and strong developed economies.
For OZ the US market isn't that big but for China alot of their wealth is built from US consumers, I think we are going to see a recession in the US with a following slowdown in China where their exports will drop and with little consumption at home their trade imbalances will start to show.
I think India will be largly protected and that Europe will experience a slow down as well.
Question is what will happen in OZ? our commodities mostly go into construction in China which i cant see slowing due to the level of urbanisation going on. I think there will be another worldwide market drop when everyone relises the US is screwed followed by a recovery in emerging markets and strong developed economies.
Hey KiwiKarlos - go have a drink even if you have just woken up. i think you woke up on the wrong side of the bed. from what you say it sounds like most countries are in deep
except australia!!!
Nyden
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Back in your cave, bear!
Things are starting to look bad because market perception has once again changed; it will change back. Soon enough
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hahahaa i aint no bear :
everyone knows the US is screwed and is a close to a bear market the rest of the world on the other hand is ok. I am particularily bullish on the OZ, india and China markets all my investments are currently in these markets in energy and iron ore. I wouldn't touch a financial stock in the US or here for that matter with a ten foot pole.
Any of you guys dumping your life savings in Mac Bank or Rams
:everyone knows the US is screwed and is a close to a bear market the rest of the world on the other hand is ok. I am particularily bullish on the OZ, india and China markets all my investments are currently in these markets in energy and iron ore. I wouldn't touch a financial stock in the US or here for that matter with a ten foot pole.
Any of you guys dumping your life savings in Mac Bank or Rams
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Ok Tech what do you base that on? Surely if things slow down, interests rates will drop, or is there something else at work to maintain higher rates?
tech/a
No Ordinary Duck
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Its my own personal levels I have set for developements Iam involved in.
Since 2000 its been 10% (So if the project can handle 10% interest on money then I'll do it)
From the time a Labor government gets in that will be cranked to 12%.
Nothing scientific.
Its part of the risk analysis in projects I'm involved with.
Since 2000 its been 10% (So if the project can handle 10% interest on money then I'll do it)
From the time a Labor government gets in that will be cranked to 12%.
Nothing scientific.
Its part of the risk analysis in projects I'm involved with.
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