rotation is in progress, page-14

Gee, you get mixed messages in this sort of climate.

Now they all worry about inflation everywhere. I wonder how the US inflation figures are going?

Worse to come in Bank's inflation outlook

... and would you believe it... they now reckon China is booming and propping up the global economy...

"Japan's economy shrank in the second quarter, as a slowdown in demand likely dragged the world's second-largest economy into a recession, but China's record retail sales in July helped bolster the global outlook."


(That's really good for resource companies like BHP.)