Richard Champion
Richard Champion
Richard Championis a former Australian rules footballer in the Australian Football Leagueand South Australian National Football Leagues...
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Clearly the economic news we're getting at the moment is better than expected, part from the States but also from Europe with ZEW survey today. Nine days in a row is a very strong run, but the jury is still out as to whether economic recovery can become established.
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Stocks are stuck in a hiatus between the performance of corporate profits and the hoped-for economic recovery.
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The lack of follow-through by the ECB after the Fed rate cut was a real blow. It seems we must continue to lean on the U.S. consumer, who may well be flagging.
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We still have got some serious fundamental problems in the global economy and it's going to be difficult for the market to move ahead consistently without solving them.
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We've entered a lull again, with tech issues drifting lower on the back of the slowdown in mobile sales,