The people have spoken so why don’t we have a new government?

This is one of those off-message rants that marks, I guess, one of the real differences between “blogs” and “old media,” and if you’re only here for the investment strategy stuff, you can skip this post.
As someone who has never been that interested in the political processes, I was really surprised that after [...]

Will Australia have a new Prime Minister by August?

We came back from our holiday on Saturday just in time to hear the announcement of the next election on August 22. Will Julia Gillard continue to be our Prime Minister or will she break the record for the fifth shortest serving Prime Minister? Since taking over as PM on June 24th, she has made [...]

Outlook for the 2011 financial year

Yesterday was “grand final day” for fund managers as they scrambled to close the 2010 financial year with the best results possible. Despite valiant attempts to push the market higher throughout the day, fund managers were unable to maintain the double digit performance which was touted right up until May 2010. On 30 June 2010, [...]

Without the rich miners to foot the bill, who will?

What a week we’ve had! Since last Friday, we have had a series of unexpected losses. Two top CEOs resigned unexpectedly, the entire board of a major mining company was lost in a plane crash in Africa, and as if that was not enough shock, we lost Kevin Rudd as our Prime Minister yesterday!
Yesterday was [...]

Time to boycott Apple?

Explosive sales of the Apple iPad has been making headlines everywhere ever since it was launched in the US on April 3. Also making headlines at the same time was the news about the high rate of suicide among employees of a company called Foxconn in Shenzen, China. I had never heard of Foxconn before [...]

Where are commodities headed?

I was not sure if I should write this post as I am definitely no expert on resource stocks, but I felt concerned when I read what some advisers are saying about the recent correction in mining stocks. Most of them have attributed it to the Resource Super Profit Tax or RSPT announced in early [...]

Three can get you two

“Debt will get you in trouble” is a strange admonition when it comes a guy who helps to lend $1 trillion of it. This was the opening line used by Bill Gross, Managing Director of PIMCO the world’s largest bond fund in his Investment Outlook for June 2010.
In this issue, he talks about the dangers [...]

China enters bear market

China is officially in a bear market as the Shanghai Composite index fell over 20% from the highs of 2009. From the chart above, we can see that the index has clearly broken below the trading range noted in my last post Is China a leading indicator? Part 4 on Mar 16.
China has been hit [...]

All Ords at 4500 again – where to from here?

The Australian All Ords is testing 4500 again. The last time it touched this level was in February 2010 and the consensus by stock experts was “Hold your nerve, its time to jump in“. That article quoted market heavyweights like CommSec chief economist Craig James, AMP Capital Investors head of investment strategy Shane Oliver and [...]

A deadly bearish big picture

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That’s the headline Robert Prechter gave to his just-published Elliott Wave Theorist. You can read that entire 10-page issue right now — for FREE!
Continue reading to learn more or get [...]

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