This one is for the "Doomsayers".
In fact its for anyone who wants to look into our sustainable economy.
Really worth the read.
http://www.asx.com.au/resources/podcast/library/investor_hour070606.pdf
This little treasure trove shows the economic nuts and bolts of the Australian Economy. Also includes a nice little 20 year historical chart comparing our P/E's to the US.
Stacks of charts for Martis to compare.
It also shows our strengths comparing to other economies. Interestingly, a guy from the US asked my advice on a particular Australian fund which he was looking to park alot of his money into as a safe haven. All the shares were spread across a broad range of sectors of the Australian market.
Any meltdown from the US, i think we will see alot more overseas investors coming to our shores.
If you look at the report Australia is a standout for further long term investment and growth.
End of story.
The "Bull" will continue to rule for the next 10 years at least around our neck of the woods.
Cheers markco2
1987 , page-67
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$63.67 |
Change
1.390(2.23%) |
Mkt cap ! $12.34B | |||
| Open | High | Low | Value | Volume |
| $62.49 | $63.77 | $62.27 | $21.65M | 341.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31 | $63.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.74 | 41 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |