Shares
Share market panics are scary and absolutely no-one knows for sure where they’ll end up.
The smarties will talk about buying bargains now because Australia’s future is more linked to China than the US or Europe, and how our economy is much better placed to ride out any financial storms than the rest of the world.
They’re right. BUT share market panics are not logical. They’re driven by emotion and almost impossible to predict.
Continue reading "Ignore the crash, and have some beer and skittles" »
IT seems incredible but barely two years into the greatest depression/recession/downturn/hiccup (take your pick) the world has suffered since the 1930s, we’re already talking about bubbles again.
Experts fear the 30 per cent surge in the local stock market since March – mirroring a similar spike on Wall Street – is building into a premature and unsustainable bubble crying out to be pricked.
Reserve Bank boss Glenn Stevens reckons the housing market, fuelled by record low interest rates and the government’s first-home owners giveaway, is looking dangerously like a bubble that could need a dose of higher interest rates to deflate.
Continue reading "Human nature is to be forever blowing bubbles" »
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barbara.bell says:
My name is barbara. I came here while searching quest of something on google. hope to have a high-minded time here. Read more »
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Terry says:
Clive is correct. Markets will always be influenced by human nature and emotion. The problem comes when governments interfere with so-called free markets, they are only free when the good times roll but when it hits the fan, they get bailed out or given stimulation money. Markets should be left… Read more »
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