By Kiron Sarkar
Australian new home sales declined by -5.3% to the lowest level on record in August, which itself saw a -5.6% drop from July. However, house prices rose by the most in 30 months in September – I’m getting that bubbly feeling, me thinks.
via Australian, Chinese and European data weaken further and further and…. | The Big Picture.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients.
Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter.
Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.