{"id":15137,"date":"2017-04-09T21:03:12","date_gmt":"2017-04-10T01:03:12","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=15137"},"modified":"2017-04-09T21:03:12","modified_gmt":"2017-04-10T01:03:12","slug":"australia-warning-signs-of-a-contraction","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/","title":{"rendered":"Australia: Warning signs of a contraction"},"content":{"rendered":"<p>Australia faces shrinking inflationary pressures.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"Inflation\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-inflation.png?w=525&#038;ssl=1\" alt=\"Inflation\" \/><\/p>\n<p>Wage growth is falling.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"Wage Price Index\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-wages.png?w=525&#038;ssl=1\" alt=\"Wage Price Index\" \/><\/p>\n<p>Credit growth is shrinking.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"Inflation\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-credit.png?w=525&#038;ssl=1\" alt=\"Inflation\" \/><\/p>\n<p>Growth of currency in circulation is also slowing. The fall below 5% warns of a contraction.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"Currency in Circulation: Growth\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-currency.png?w=525&#038;ssl=1\" alt=\"Currency in Circulation: Growth\" \/><\/p>\n<p>One piece of good news is that Chinese monetary policy seems to be easing. After a sharp contraction of M1 money stock growth in January, February shows a partial recovery. Collapse of the Chinese property bubble may be deferred a while longer.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"China M1 Money Stock\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2017\/2017-04-07-china-m1.png?w=525&#038;ssl=1\" alt=\"China M1 Money Stock\" \/><\/p>\n<p>Which is good news for iron ore exporters. At least in the short-term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia faces shrinking inflationary pressures. Wage growth is falling. Credit growth is shrinking. Growth of currency in circulation is also slowing. The fall below 5% warns of a contraction. One piece of good news is that Chinese monetary policy seems to be easing. After a sharp contraction of M1 money stock growth in January, February &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia: Warning signs of a contraction&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,45,13],"tags":[],"class_list":["post-15137","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-debt-levels","category-inflation-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia: Warning signs of a contraction - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: Warning signs of a contraction - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Australia faces shrinking inflationary pressures. Wage growth is falling. Credit growth is shrinking. Growth of currency in circulation is also slowing. The fall below 5% warns of a contraction. One piece of good news is that Chinese monetary policy seems to be easing. After a sharp contraction of M1 money stock growth in January, February &hellip; Continue reading &quot;Australia: Warning signs of a contraction&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-10T01:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2017\/2017-04-05-aus-inflation.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Australia: Warning signs of a contraction\",\"datePublished\":\"2017-04-10T01:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\"},\"wordCount\":89,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-inflation.png\",\"articleSection\":[\"Australia &amp; NZ\",\"Debt Levels\",\"Inflation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\",\"name\":\"Australia: Warning signs of a contraction - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-inflation.png\",\"datePublished\":\"2017-04-10T01:03:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-inflation.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2017\/2017-04-05-aus-inflation.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2017\/04\/09\/australia-warning-signs-of-a-contraction\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia: Warning signs of a contraction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Instead of shrinking as predicted, Australia's trade gap widened 20 per cent to $1.54 billion as growth\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3464,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/09\/australia-credit-growth\/","url_meta":{"origin":15137,"position":1},"title":"Australia: Credit growth","author":"ColinTwiggs","date":"February 9, 2012","format":false,"excerpt":"Latest stats from the RBA show that the sharp contraction in business credit has slowed, but growth of personal credit (mainly mortgage finance) is at its lowest rate since the early 1990s and is trending downwards. Credit growth does not have to fall below zero for it to have a\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26737,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/07\/10\/china-contraction-threatens-commodities\/","url_meta":{"origin":15137,"position":2},"title":"China contraction threatens commodities","author":"Colin Twiggs","date":"July 10, 2021","format":false,"excerpt":"The Chinese government reversed course on monetary policy after tightening credit for the past 6 months, announcing a cut to the reserve requirement ratio (RRR) for small and medium enterprises (SMEs). David Lewellyn-Smith at Macrobusiness: RRR cuts won\u2019t do anything to turn around growth. They are always the first cab\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39471,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/12\/10\/australia-hard-times\/","url_meta":{"origin":15137,"position":3},"title":"Australia: Hard times","author":"Colin Twiggs","date":"December 10, 2022","format":false,"excerpt":"You don't have to be an Einstein to figure out that 2023 is going to be a tough year. Australian consumers have already worked this out, with sentiment plunging to record lows. The bellwether of the Australian economy is housing. Prices are tumbling, with annual growth now close to zero.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-12-09-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":55279,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/07\/04\/asx-lifts-on-iron-ore-rally\/","url_meta":{"origin":15137,"position":4},"title":"ASX lifts on iron ore rally","author":"Colin Twiggs","date":"July 4, 2024","format":false,"excerpt":"The ASX 200 rallied on the back of a strong US overnight performance and an upsurge in iron ore prices. Rising Trend Index troughs signal buying pressure. The ASX 300 Metals & Mining climbed off the floor after an extended test of primary support at 5600. Boosted by an upsurge\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-07-03-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-07-03-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-07-03-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":4853,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/14\/australia-and-the-endgame\/","url_meta":{"origin":15137,"position":5},"title":"Australia and the Endgame","author":"Colin Twiggs","date":"July 14, 2012","format":false,"excerpt":"John Mauldin: We wrote about Australia in a full chapter of Endgame. Their economy never really suffered in the recent debt crisis, in large part due to their growing housing market and their trade with China. If you talk to the average Aussie, they think that all is right with\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/15137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=15137"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/15137\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=15137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=15137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=15137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}