It’s Australia Day – a time to eat lamb and be proud. A time to wear something outrageous and spend the day at the beach or by a pool with family and friends. Well at least that’s my Australia Day.
But is will be hard for me not to be thinking about the markets. I love the markets. I think of them as a multi-dimensional rubix cube in my head. I’m forever thinking of and discussing the possibilities, the probabilities of the differing events or drivers and the conceivable outcomes.
But currently whichever way I slice or dice the Australian Share and Property Markets I can only see BIG OPPORTUNITY!
Now I know that some of you will think that I’m just making this up – but of course I am not.
Further, I can hand on heart promise you that I did NOT write the article featured on www.marketwatch.com, or have any input into it!
I do have to express my thanks to one of our subscribers Andrew for alerting us to this! So bravo Andrew, great pick up.
Ian and I love it when we receive articles from members and are always very appreciative. It shows you are all looking past the news headlines and interpreting the information within the context of the Calnan Flack Economic Action Plan that defines the expected action of the Cycle.
So this article titled (by Market Watch and NOT me) is:
“Stock benchmarks just did something they haven’t done in nearly 20 years”.
Catch your attention?
The heavy rains that much of Australia has recently experienced is an excellent reminder of how our thoughts today do not necessarily reflect the reality of tomorrow.
In 2008 the GFC wasn’t the only thing causing emotions to run high!
“There is a debate in the climate community, after … close to 12 years of drought, whether this is something permanent.” Said Bureau of Meteorology head of climate analysis, David Jones.