BHP 2.16% $42.06 bhp group limited

resource boom aint over yet, page-9

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    The US will need a war to take the attention away from tonight's numbers.

    Wholesale prices: Highest annual rate in 27 years
    Producer Price Index increased by 1.2% in July and by 9.8% in the past year.

    US July housing starts fell to an annual rate of 965,000 units — the lowest level in more than 17 years.

    US inflation going gangbusters too. Almost 6% pa.

    The US economy - totally stuffed! And guess what?

    US market is only down 0.8% and looks like closing up!

    (Yanks are good at putting a positive spin on anything.)


 
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