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Caution is the word for economic forecast
Guys,
Interesting article looking forward from a US perspective. Nice general read indicating the market is softening over there which is no real suprise. Property has gone a bit bubble and could pose a risk to their economy. Here's the full article:
http://www.beloitdailynews.com/artic...0505news03.txt
Was reading along, going "yeah, yeah, got it, know that" then got to this nice little snippit at the very end:
Quote:
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Originally Posted by BDN
But he is bullish on international markets, and believes there is money to be made by investors in foreign stocks - particularly, he said, companies based in Canada and Australia.
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Now that's gotta put a smile on your dial if your leveraged into the ASX at the moment doesn't it! 
Cheers,
Michael.
__________________
Goal: Financial independence by 2015
Plan: Focussing on Resi property development in the short term to build in equity and improve cash flow.
Status: Development site procured and DA approval achieved. Intend to commence construction mid-2009.
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