Financial Market Bulletin Jan 9th 2012
This week’s Bulletin which contains the following points:
The New Year continued on the front foot as fresh signs that the US economy was gaining traction outweighed lingering concerns about Europe’s debt problems.
The level of unemployment in the US Is now at its lowest since February 2009 and will provide a lift for President Obama, who has faced a stubbornly high level of unemployment since taking office.
The immediate focus for investors in Europe seems to be on France and its continued quest to keep hold of its AAA rating. Markets will also be keeping a close eye on the Italian and Spanish bond auctions on Thursday, particularly after France’s efforts last week.
It is extremely difficult to make predictions for the short term, even over the course of 12 months, and to illustrate this, we take a look at predictions for 2012 as well as look back to analyst forecast for 2011.
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( The complete text of this weeks Financial Bulletin can be downloaded as a 'pdf' file here. )
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Extract from this weeks Financial Marketing Bulletin, issued by RBA Wealth Management Ltd.
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