Reality is dawning in the USA and Europe..The strong man in Europe ,Germany is now showing a huge drop in the manufacturing index especially cars which drive so many suppliers for all the car parts and this is already impacting on German GDP and European growth.The German banks are not looking good. The Federal reserve in the USA's next move will be a clear recognition of a slow down with a cut in interest rates .Uk has Brexit impacting on GDP and Japanese machine tool manufacturing levels are falling.Add to this China's on going slowdown and Australia's clear bubble deflation in property prices and it's no surprise that world markets are beginning to see weaker profits ahead with a fall in world stock market indices...USA is wakening up to lower future profits with a negative impact on US indices on Friday ..Expect difficult weeks ahead in world markets and further weaknesses in most Australian shares including Dubber. Technically the tea leaves are indicating a clear roll over in the charts of world stock markets..Investment in shares in the weeks ahead will demand courage. All the best to All.
DUB Price at posting:
86.0¢ Sentiment: None Disclosure: Not Held
