{"id":4032,"date":"2012-04-05T17:04:59","date_gmt":"2012-04-05T21:04:59","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4032"},"modified":"2012-04-05T17:04:59","modified_gmt":"2012-04-05T21:04:59","slug":"australias-surplus-dreams-are-just-that-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/australias-surplus-dreams-are-just-that-wsj-com\/","title":{"rendered":"Australia&#039;s Surplus Dreams Are Just That &#8211; WSJ.com"},"content":{"rendered":"<p><strong>Cynthia Koons:<\/strong> Not only were [Australian] exports down, but imports declined too. Imports of goods for consumption fell 7%, reflecting caution in Australian households. Capital goods imports fell by 5%, a number that should be a particular concern for policy makers: A slowdown in purchases of machinery and equipment could be an early sign that investment in Australia&#8217;s resources boom is weakening.<\/p>\n<p>via <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702303299604577323121327428002.html?mod=markets_newsreel\">Heard on the Street: Australia&#8217;s Surplus Dreams Are Just That &#8211; WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cynthia Koons: Not only were [Australian] exports down, but imports declined too. Imports of goods for consumption fell 7%, reflecting caution in Australian households. Capital goods imports fell by 5%, a number that should be a particular concern for policy makers: A slowdown in purchases of machinery and equipment could be an early sign that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/australias-surplus-dreams-are-just-that-wsj-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia&#039;s Surplus Dreams Are Just That &#8211; WSJ.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[311,1328,1793,3447],"class_list":["post-4032","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-autralia","tag-exports","tag-imports","tag-trade-balance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia&#039;s Surplus Dreams Are Just That - WSJ.com - 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&#039;s Surplus Dreams Are Just That - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Cynthia Koons: Not only were [Australian] exports down, but imports declined too. Imports of goods for consumption fell 7%, reflecting caution in Australian households. Capital goods imports fell by 5%, a number that should be a particular concern for policy makers: A slowdown in purchases of machinery and equipment could be an early sign that &hellip; Continue reading &quot;Australia&#039;s Surplus Dreams Are Just That &#8211; WSJ.com&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/australias-surplus-dreams-are-just-that-wsj-com\/\" \/>\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:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-05T21:04:59+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Australia&#039;s Surplus Dreams Are Just That &#8211; WSJ.com\",\"datePublished\":\"2012-04-05T21:04:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/\"},\"wordCount\":84,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"Autralia\",\"Exports\",\"imports\",\"Trade Balance\"],\"articleSection\":[\"Australia &amp; NZ\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/\",\"name\":\"Australia&#039;s Surplus Dreams Are Just That - WSJ.com - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2012-04-05T21:04:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/05\\\/australias-surplus-dreams-are-just-that-wsj-com\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia&#039;s Surplus Dreams Are Just That &#8211; WSJ.com\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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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. 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Imports of goods for consumption fell 7%, reflecting caution in Australian households. 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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. 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Brad Setser writes \"continued strength in exports has helped China post monthly (goods) surpluses of around $60 billion in July and August.\" David Ingles highlights that China has bought record\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11895,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/06\/04\/australian-exports-hammered\/","url_meta":{"origin":4032,"position":1},"title":"Australian exports hammered","author":"ColinTwiggs","date":"June 4, 2015","format":false,"excerpt":"This chart from Westpac highlights Australia's export misery: Iron ore prices are falling faster than shipments are rising. Andrew Hanlan sums up the the problem facing the Australian economy: A jump in imports coincided with a sharp fall in export earnings. Critically, the rest of the world is paying us\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":"Iron ore Exports and Earnings","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-06-04-ironore.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-06-04-ironore.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-06-04-ironore.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":23000,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/12\/02\/australia-q3-gdp\/","url_meta":{"origin":4032,"position":2},"title":"Australia Q3 GDP","author":"Colin Twiggs","date":"December 2, 2020","format":false,"excerpt":"From Andrew Hanlan at Westpac: Output increased by 3.3% in the quarter.....well above the market consensus (2.5%). Over the year, activity is still down by 3.8%, after the recession in the first half of 2020, which saw output fall by 0.3% in March and slump by 7.0% in June associated\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":3466,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/12\/chinese-imports-tank-macrobusiness-com-au\/","url_meta":{"origin":4032,"position":3},"title":"Chinese imports tank &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"February 12, 2012","format":false,"excerpt":"Zarathustra: [Chinese] imports contracted by 15.3% from a year earlier, which was well below the expected 3.6% contraction. On a month-on-month basis, exports fell by 14.2% and imports fell by 22.5% before seasonal adjustment: via Chinese imports tank - macrobusiness.com.au | macrobusiness.com.au.","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11719,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/04\/21\/us-asia-trade-imbalance\/","url_meta":{"origin":4032,"position":4},"title":"US-Asia trade imbalance","author":"ColinTwiggs","date":"April 21, 2015","format":false,"excerpt":"Westpac produce a very detailed chart pack on the US economy called Northern Exposure. 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China's gross domestic product growth could slip to around 8% from more than 9% this year, which will lead to lower demand for commodities. 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