prediction: no chance tomorrow

Discussion in 'Property Market Economics' started by JDP1, 1st Jun, 2015.

  1. hugh72

    hugh72 Member

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    Positives- The only one that really matters GDP growth 0.9% in the March quarter, and the sun will come up tomorrow
     
  2. willair

    willair xx

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  3. JDP1

    JDP1 Member

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    There's a common joke amongst the investment community that whenever you get unanimous agreements from analysts, bet the other way...:D
    They were right on this one though
     
  4. Ausprop

    Ausprop Member

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    those figures have broadly been dismissed as an anomoly
     
  5. Ausprop

    Ausprop Member

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  6. BayView

    BayView Member

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    It's amazing; just yesterday morning, Kochie and that economist bloke from CBA - Craig Somethingorother - during their daily finance update; were crowing about how well everything is (suddenly) going.

    WTF?

    I haven't heard any good news from absolutely anyone for ages, yet ta,da! it's all on the uptick.

    But, does this refer to the actual volumes of the movement of items; or only the values.

    I would have thought that the values would be misleading; given dollar fluctuations etc?

    It's gunna be hard to get a trade deficit down if we are producing less (and therefore exporting less)?
     
  7. hugh72

    hugh72 Member

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    Yes that appears to be the case but it could have been negative, time will tell.