AUSTRALIAN PROPERTY MARKET IN “DEEP TROUBLE” BUT THERE IS A BETTER INVESTMENT FOR YOU
The Australian property market is in dire straits, with the Barefoot Investor, Scott Pape, warning all Australians that the housing market is in “deep trouble” and on the brink of collapse, and we are living through “monetary madness.” Currently the Australian economy is in a strikingly similar situation as what the Irish economy was in before it inevitably crashed. Due to the central banks cutting rates to an all time low of 1.25 percent, and the new Prime Minister, Scott Morrison’s new policy plan to further help people buy their first home, this will only allow more people the ability …
THE STOCK MARKET ON THE BRINK OF A BEAR MARKET
A Wall-Street veteran comments on the stock market as it teeters on the brink of a bear market. In a recent interview on CNBC, CEO of Morgan Creek Capital Management, Mark Yusko, announced that that bears are already out and stocks are going to finish the year on an economic downturn, lower by a double-digit percentage. This is not the first time that Yusko has correctly predicted that course of stocks. In 2018 he predicted yet again that stocks would end the tear on a sour note, and they did. Yusko has suggested that we will see another “credit crisis” …
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