Presentation given by Daryl Conroy, Financial Analyst with Suncorp Bank at the launch of the Gympie Business Confidence Survey breakfast meeting hosted by the Gympie Chamber of Commerce.
2. General Advice Warning
This advice has been prepared without taking into account your particular
objectives, financial situation or needs. For that reason, before acting on the
advice you should consider the appropriateness of the advice having regard
to your own objectives, financial situation and needs.
• Where the advice relates to the acquisition, or possible acquisition, of a
particular financial product, you should obtain a Product Disclosure Statement
relating to the product and consider the Product Disclosure Statement before
making any decision about whether to acquire the product.
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3. The Game Has Changed
Market norms have broken-down
Think Differently !
Act Differently !
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4. The Big Three
Europe
Sovereign Debt
China US
Economic Double Dip
Slowdown
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5. Unprecedented Stimulus
1. US $ 2.3 trillion
2. UK £ 325 billion
3. Japan ¥ 55 trillion
4. Europe € 1.02 trillion
5. China ¥ 4 trillion
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6. Record Low Bond Yields
Submerging (developed)
Emerging (BRIIC’s)
Australia (piggy-in-the-middle)
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7. Much Ado About Europe
…solvency…
Country Gross Net
Debt/GDP Debt/GDP
Greece 181% 225%
Ireland 164% 1,255%
Spain 72% 235%
Italy 119% 165%
France 86% 279%
Germany 96% 209%
Australia 39% 106%
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20. “Plans are nothing; planning is
everything.”
~ Dwight D. Eisenhower
Source: scrapetv.com
Editor's Notes
Waiting it out, not an option
Two out of three of the big risks looming over financial markets, have been quashed leaving the Greece question
No discussion on the Aussie economy is complete without reference to commodity prices (coal and iron ore prices and let’s not forget LNG and coal seam gas).But not just the typical commodities, but coal, iron ore and gas!
Economists forecast rate cuts, and financial markets are currently pricing a cash rate of 3.9% by June.
Our currency tracks commodity prices and as we highlighted earlier commodity prices are sky high, especially those commodities important to us Iron ore, coal, gas and goldMay 2011 peak...