Net exports surprise to lift first-quarter GDP

Discussion in 'Markets & Economies' started by Silverthorn, May 31, 2016.

  1. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    It lifted the dollar but not such good news I think.


    http://www.smh.com.au/business/the-...to-lift-firstquarter-gdp-20160531-gp7wn4.html
     
    Silverthorn, May 31, 2016
    #1
  2. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Economy slow. Belts tightened.

    Target is having a giant sale soon to dump goods and ramp up earnings.

    Cash is king!
     
    JulieW, May 31, 2016
    #2
  3. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

    Joined:
    Nov 12, 2014
    Messages:
    4,226
    Likes Received:
    1,994
    Trophy Points:
    113

    A - The giant sale may have more to do with Target and Kmart being brought together under Wesfarmers' new department store division in February.
    B - When isn't Target having a sale?
     
    Stoic Phoenix, May 31, 2016
    #3
  4. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Perhaps we're wrong.

     
    JulieW, May 31, 2016
    #4
  5. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    p.s.

    Forecast Actual Q2/16 Q3/16 Q4/16 Q1/17 2020 Unit
    Commodity 1209 1190 1127 1065 1002 1503 USD/t oz.
     
    JulieW, May 31, 2016
    #5
  6. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,778
    Likes Received:
    7,199
    Trophy Points:
    113
    The question is, who is surprised?
     
    willrocks, May 31, 2016
    #6
  7. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Current meme on Facebook.

    [​IMG]


    If the final point is true, then I'd expect that thread predicting AUD to 60c is more likely.
     
    JulieW, May 31, 2016
    #7
  8. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Here's some balance to doom and gloom.

    The bolded part is very interesting. I didn't know any of that (but that's a long list so no surprise really!).

    Whole article is worth a look.

     
    JulieW, May 31, 2016
    #8

Share This Page