The Start of the Economic Recovery
Economy | Information | History | Online | Facts | World | Global | Money
The world economic outlook may be clouded, but the Australian financial markets are showing solid signs of a recovery. At MPS our focus and expertise is the resource sector and currently the markets are telling us the Australian resource and commodity sectors are improving, particularly in comparison to the broader financial markets, with copper, oil, zinc, nickel prices doing well. Stocks like BHP and many commodity stocks have all done well so far in 2009 and the Australian dollar has made a six month high against the US dollar. Barry Dawes, Managing Director of Martin Place Securities, in Sydney, talks about the financial outlook in the face of the "Global Economic Crisis", and the effect of the resource inventories and current market trends on the Australian and Resources markets.
Comments
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well yeah we was heading to defaltion, and obama stop it, YEAHH!!!, but hum now we are heading to inflation :( instead of bread costing .58 cents, its going to cost 35$ a loaf. lets see how they go fix that
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It is simple BAILOUT MONEY when the money is gone the markets will fall the so called "Economic Recovery" is an illusion
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