{"id":15079,"date":"2017-04-01T00:47:09","date_gmt":"2017-04-01T04:47:09","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=15079"},"modified":"2017-04-01T00:47:09","modified_gmt":"2017-04-01T04:47:09","slug":"3-headwinds-facing-the-asx-200","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/01\/3-headwinds-facing-the-asx-200\/","title":{"rendered":"3 Headwinds facing the ASX 200"},"content":{"rendered":"

The ASX 200 broke through stubborn resistance at 5800 but is struggling to reach 6000.<\/p>\n

\"ASX<\/p>\n

There are three headwinds that make me believe that the index will struggle to break 6000:<\/p>\n

Shuttering of the motor industry<\/h4>\n

The last vehicles will roll off production lines in October this year. A 2016 study by Valadkhani & Smyth<\/a> estimates the number of direct and indirect job losses at more than 20,000.<\/p>\n

\"Full<\/p>\n

But this does not take into account the vacuum left by the loss of scientific, technology and engineering skills and the impact this will have on other industries.<\/p>\n

…R&D-intensive manufacturing industries, such as the motor vehicle industry, play an important role in the process of technology diffusion. These findings are consistent with the argument in the Bracks report that R&D is a linchpin of the Australian automotive sector and that there are important knowledge spillovers to other industries.<\/p><\/blockquote>\n

Collapse of the housing bubble<\/h4>\n

An oversupply of apartments will lead to falling prices, with heavy discounting already evident in Melbourne as developers attempt to clear units. Bank lending will slow as prices fall and spillover into the broader housing market seems inevitable. Especially when:<\/p>\n