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The Good and Bad of 2014 for Investors
Gloomier aspects of 2014
Amongst the many debilitating aspects of the year going by, Yardney counts the end of the Quantitative Easing regime in the USA, unpatterned global growth, falling iron ore and oil prices and budget cuts in Australia as the major ones. Deflation perhaps poses a greater risk than inflation and it is not difficult to infer why. For most assets, though, the year did not come without its many silver linings.
Key themes
Some of the themes which have been at the heart of 2014 are:
What 2015 may herald
At the moment the odds are good, says Yardney, that there will be a cash rate hike in the early days of 2015. If and when that happens the market has to prepare itself for a round of volatility. Property bust in China can be a cause for global concern. We will have our whole attention glued to how the non-mining sector performs in our country and what kind of impetus real estate gives to the economy.
You can read the original article here.
I recently read about the real estate lobby looking to forward its candidate for the Upper House seat in the elections that come next to the one due in ‘15’. Real estate groups, being a big part of the economy sees this as a way to ensure that their demands (industry training) are taken more seriously by the government.
Does it seem like a practical approach? What is your opinion?
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