Tags » Australia & NZ

Intent as the enemy of truth | On Line Opinion

From Jennifer Marohasy:

When all 1,655 maximum temperature series for Australia are simply combined, and truncated to begin in 1910 the hottest years are 1980, 1914, 1919, 1915 and 1940.

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Australia & NZ

Best time to short commodities since 2012

From Vesna Poljak:

….China’s stimulus is finite and demand for raw materials will collapse without it.

Australian Atul Lele, the Bahamas-based chief investment officer of private wealth manager Deltec, says all monetary and fiscal stimulus has a natural conclusion – “it just ends” – and traditional indicators of commodity prices such as global growth and liquidity conditions have been outrun by prices already.

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Australia & NZ

ASX risk off

The ASX 200 is retracing to test its new support level at 5500. Bearish divergence on 21-day Twiggs Money Flow warns of short-term selling pressure. Recovery above 5600 would signal a primary advance to 6000*. 65 more words

Stock Markets

ASX: Steam or froth?

The ASX 200 broke resistance at 5500. Follow-through above 5600 would confirm a primary advance with a long-term target of 6000*. Rising Twiggs Money Flow indicates medium-term buying pressure. 110 more words

Stock Markets

Are stocks overpriced?

Some good discussion on our forum regarding current high stock valuations, based more on hopes than on earnings.

This chart of Price-Earnings ratios highlights the problem. 36 more words

Stock Markets

Wider trade gap adds to economy's worries

From Jens Meyer and Patrick Commins:

A surprise blow-out in the October trade deficit has raised questions about the predicted rebound in economic growth, following the first contraction in GDP in five years.

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Australia & NZ

Australia: Say goodbye to growth

Business investment in Australia continues its sharp descent since the end of the mining boom, falling below 14% of GDP for the first time since the Dotcom crash. 45 more words

Australia & NZ