US Recession

Discussion in 'Share Investing Strategies, Theories & Education' started by FIDO, 24th Nov, 2007.

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  1. FIDO

    FIDO Member

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    OK post number two!
    Can anyone steer me in the direction of some historical data on the effects on Australia/World economy and share markets of a US recession.
    I remember from some studies in economics a long time ago of some good data on share prices, interest rates etc.
    It looks like the US will 'officially' be in a recession next year (can't back this up) so I would like to adjust my financial planning to suit.
    Cheers
     
    FIDO, 24th Nov, 2007
    #1
  2. Glebe

    Glebe Well-Known Member

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    Glebe, 26th Nov, 2007
    #2
  3. MichaelW

    MichaelW Well-Known Member

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    Glebe,

    Yep, that about does it I reckon! ;)

    Cheers,
    Michael.

    PS Sent my diversification instruction off to my margin lender today. Should have direct exposure to Asia and Commodities within a week or so. Hopefully the US Recession fears spook the market south a bit so I buy in at a discount. Dow was down again overnight so yesterday's ASX gains might be eroded somewhat today.
     
    MichaelW, 27th Nov, 2007
    #3
  4. Handyandy

    Handyandy Well-Known Member

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    Hi Micheal

    In your rejigging are using a discount broker like investsmart so that you get the trailing coms or are you still with an FA?

    Cheers
     
    Handyandy, 27th Nov, 2007
    #4
  5. MichaelW

    MichaelW Well-Known Member

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    Hi Andreas,

    All through InvestSmart except Lincoln which is direct but attracts no entry commissions.

    Sent them off today so should be in effect within a week or so I'd guess. Looks like the market might hold down for me that long if I'm lucky.

    Cheers,
    Michael.
     
    MichaelW, 27th Nov, 2007
    #5
  6. FIDO

    FIDO Member

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    Thanks Glebe
     
    FIDO, 27th Nov, 2007
    #6
  7. The Stig

    The Stig Well-Known Member

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    I don't think they are going to go into a recession before an election. 2009 maybe, but not 2008, IMO.
     
    The Stig, 3rd Dec, 2007
    #7