You are viewing:-
you're reading...
1.Market Observations, 2.Economic forecasts, 8.Was Sticky

2 Dec 2016 (TheAge) – Forecasters fear weak investment will mean weak or negative GDP growth

(2 December 2016, The Age, BusinessDay, p21, Peter Martin)

‘A further slide in business investment has economic forecasters pondering the unthinkable: that the Australian economy shrank in the September quarter, and that next week’s GDP growth figure will have a minus sign in front of it. If so, it’ll mark an end to eight years of near-continuous growth since the economy shrank 0.7 per cent during the global economic crisis in the last quarter of 2008.’

Read more at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: