Global fixed interest manager PIMCO expects the global economy to achieve a soft landing, though uncertainty suggests investors should remain cautious.
Julius Baer agrees with other experts, including GFMS, spot gold will be heading towards US$700/oz soon. But reaching the target will take a bit longer than forecast.
Westpac Expects Western Australia and Queensland will continue to be the drivers for the national economy, though NSW and Victoria should enjoy a small uptick in activity over the next year.
Our colleagues at Stockinterview.com had a very interesting chat with a uranium expert from Sprott Asset Management. We believe it is recommended reading for anyone following this market.
The Fed left rates unchanged as expected, oil fell further, and the world is a happy place. Isn’t it?
Weekly musings from your editor.
Don’t be fooled by the surprising June quarter GDP data. Interest rates are still going up in Australia, at least that’s what the latest leading indicator data is telling us.
The Samsung Research Institute sees a mixed outlook for the Korean economy, as while interest rates are likely to have peaked, inflationary pressures will limit growth.
The peak oil thesis is losing supporters. In addition there seem to be more than one reason why the spot oil price is likely to fall further still.
ABN Amro suggests the boom is now over, while Morgan Stanley suggests it has further to run. The conclusion is the same though, booming commodity prices are coming to an end.
