Looking at the share market and SKY news.....it looks like China is coming off its growth also. India's growth has also been revised to 5% from 7%. China's was revised from 11% to 9%....but believe it will be a lot lower!
I am now more bearish for the prospects for Australia....particulary WA, NT, and Qld....they are now looking at their strong resource economies slowing. This is not good for Australia?
I have held off adjusting my strategy in the property market....but increasingly I am of the opinion to wait and see for the next 3-4 mths. I have gut feeling this is going to get worse. I will however, push along with my share and option trading as I feel there is plenty of potential here....as technically I feel we have reached bottom but will still be volatile for the next 6 months or so.
I am amazed at how fast this thing has taken affect....
Would love to hear what others have to say.
I am now more bearish for the prospects for Australia....particulary WA, NT, and Qld....they are now looking at their strong resource economies slowing. This is not good for Australia?
I have held off adjusting my strategy in the property market....but increasingly I am of the opinion to wait and see for the next 3-4 mths. I have gut feeling this is going to get worse. I will however, push along with my share and option trading as I feel there is plenty of potential here....as technically I feel we have reached bottom but will still be volatile for the next 6 months or so.
I am amazed at how fast this thing has taken affect....
Would love to hear what others have to say.