General view

Hi readers First I just want to say how good are the Packers, We are going to the superbowl baby yeah... A lot has happened since our last post, so lets see how we go. The US presidential election is an abosulute joke. We have the debates and Joe Biden has an ear piece, telling him what to say and do and the moderator doesnt call that out!! Trump one minute say there is no relief support until after the election and then 6 hours later changes his tune. I'm betting trump was short the market and needed it to fall so he could cover positions and go long for the next day. its sad that people are being used as political footballs. Markets in general are just ploughing around,up down and up again. Central banks have no idea what they are doing and its the tax payers that will fit the bill to all these money printing ideas. There are no free lunches in this world, please understand what I'm telling you. Even the Australia government just put down a budget of spending in the hope people will spend. What people dont realise once you sober up from the bribe your recieving GST on food will follow close behind. That will more than cover the spending and tax breaks. Now as we all know once a tax is on it never comes off so the people will be the end loser. Yep disposable income will take the hit. Property investors i really feel for you guys. I dont know where or how you can possible escape without taking a serious hit. Most are already down 15-20% and dont even know it yet, its when victoria opens up and banks come down on the property investors that you will see the blood pour. Victoria is the state which has 690,012 properties vacants at the present time. Those looking to buy wait time is your friend. Money is cheap so your capital is earning you equity and you dont even know it. To stock investors look at the stocks your holding. If your comfortable holding them great, if not think about disposing them. Moving forward isnt the time to be worried about investments. As stocks could start to fall at the end of the month. My only concern to that is that I dont see a massive fall straight away. It more likely it will be a slow release down move. My concern is that its far more likely that this Covid bullshit plays on into next year then we will have issues. As always use the above as an indicator to your own work. Seek professional advice on the above. I am a Financial astrologer and the above is based on planetary movements.