Hi readers
Is a trade war coming?
This is the second most asked question we have received via emails and the answer is yes.
Who is going to pay for it, we the public.
Sure it will secure job in each country but for how long ?
Any country you choose buys one product from another while selling more of another product to another.
It's no secret and you don't need to be a brain surgeon to work it out, but if Asia elects to go down this path with the US then the US could be the biggest looser in this.
It's short minded to think that by putting tariffs your not going to get a response from your opposition.
If China and Japan wanted to go nuclear on this trade war all they need to do is stop buying US debt and the US will be in recession for a good 5 years.
So Trump while he enjoys the spotlight and media crowds around him needs to tread very carefully on the issue.
Should it escalate there won't be any backdoor exports either, US firms exporting to china via Australia or New Zealand.
In regards to BUBs results all as expected and growing nicely.
The biggest question which no one seems to realize is if Bub is increasing market share, and when you look at there opposition results also, there numbers are also increase!
Who is loosing market share locally.
Last time I checked Australia wasn't in a baby boom era, where an extra 500,000 or a million baby where born.
Someone is cooking numbers as they begin to feel the threat from there opposition!
Audits are not worth the paper there written on as they only go by what they are given by the companies.
Look at the landscape, there is a lot more to play out.
Soon we will be getting a new director on board, and washing one out.
Apart from that it's business as usual with better sales numbers to come.
On the pressing question by you all via email !
I know some of you do have account with this introductory broker Asenna wealth solutions.
Australian financial regulations are way to far behind 8 ball, your political leaders are busy kissing babies and worrying about same sex marriage instead of keeping up with technology.
Is it wrong what head trader of the company has done absolutely, but by Australian law he hasn't broken any law so case closed.
The media can beat the drums up as much as they want, he hasn't broken the current financial regulatory law.
I don't know the guy and I don't really care what he has done but those of you who aren't comfortable with what's going on can simply move on to another firm or get over it and smarten up.
Just don't think that brokers act in a different way, they are all from the same bucket.
If this occurred in Singapore, he would be doing jail time no question about it including the firm who signed him up, for not disclosing the deal..
Our prisons are empty here that's why I've said that...
On the watch stock AS1.ax trading as expected, maybe they should have hired an astrologer to give them the ideal time to list.. lol
Be patient on it as there could be more to come.
Disclosure..
Over the last 7 working days I have bought stock in excess of $50,000
ABR.ax
BUB.ax
Comments and views above are not financial advice, seek professional advice by your own advisor.
Is a trade war coming?
This is the second most asked question we have received via emails and the answer is yes.
Who is going to pay for it, we the public.
Sure it will secure job in each country but for how long ?
Any country you choose buys one product from another while selling more of another product to another.
It's no secret and you don't need to be a brain surgeon to work it out, but if Asia elects to go down this path with the US then the US could be the biggest looser in this.
It's short minded to think that by putting tariffs your not going to get a response from your opposition.
If China and Japan wanted to go nuclear on this trade war all they need to do is stop buying US debt and the US will be in recession for a good 5 years.
So Trump while he enjoys the spotlight and media crowds around him needs to tread very carefully on the issue.
Should it escalate there won't be any backdoor exports either, US firms exporting to china via Australia or New Zealand.
In regards to BUBs results all as expected and growing nicely.
The biggest question which no one seems to realize is if Bub is increasing market share, and when you look at there opposition results also, there numbers are also increase!
Who is loosing market share locally.
Last time I checked Australia wasn't in a baby boom era, where an extra 500,000 or a million baby where born.
Someone is cooking numbers as they begin to feel the threat from there opposition!
Audits are not worth the paper there written on as they only go by what they are given by the companies.
Look at the landscape, there is a lot more to play out.
Soon we will be getting a new director on board, and washing one out.
Apart from that it's business as usual with better sales numbers to come.
On the pressing question by you all via email !
I know some of you do have account with this introductory broker Asenna wealth solutions.
Australian financial regulations are way to far behind 8 ball, your political leaders are busy kissing babies and worrying about same sex marriage instead of keeping up with technology.
Is it wrong what head trader of the company has done absolutely, but by Australian law he hasn't broken any law so case closed.
The media can beat the drums up as much as they want, he hasn't broken the current financial regulatory law.
I don't know the guy and I don't really care what he has done but those of you who aren't comfortable with what's going on can simply move on to another firm or get over it and smarten up.
Just don't think that brokers act in a different way, they are all from the same bucket.
If this occurred in Singapore, he would be doing jail time no question about it including the firm who signed him up, for not disclosing the deal..
Our prisons are empty here that's why I've said that...
On the watch stock AS1.ax trading as expected, maybe they should have hired an astrologer to give them the ideal time to list.. lol
Be patient on it as there could be more to come.
Disclosure..
Over the last 7 working days I have bought stock in excess of $50,000
ABR.ax
BUB.ax
Comments and views above are not financial advice, seek professional advice by your own advisor.
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