Global markets were jittering last week. Some performed better than other,ASX200 was one example. Whereas Shanghai market surprised the world on Friday with a strong rebound due to Central Government’s positive intervention.
And US Dow moving forward without clear conviction, being pushed and dragged by positive economic figures and uncertainty for being too pricey and likely affected by geopolitical factors.
On the other hand, there are reports pointing to a situation more and more Australians are facing financial difficulties because of tightening mortgage repayment and falling property price, so how worst is the present situation?
We have invited independent economic analyst and strategist, Dr Po man Chan to analyze the situation for us.
