Iron Ore demand is predicted to crash in 2020.
China’s Industry and businesses grind to a halt.
The US / China trade deal could be bad news for the Australian economy.
Will we sign up to the Belt and Road?
China’s Manufacturing slowing is crashing the price of copper and let’s look at the potential implications.
#Investment #Economy #HeiseSays Bellamy’sBaby Formula has been purchased by a Chinese government-backed company. References Bellamy’s baby formula’s $1.5b Chinese takeover bid approved by Treasurer Josh Frydenberg https://www.abc.net.au/news/2019-11-15/bellamys-baby-formula-chinese-takeover-approved/11707190
#Economy #Australia #HeiseSays Successful investor Dr El-Erian has some concerns about the future for the Australian Economy. References When Mohamed El-Erian speaks, Wall Street listens — and he says a crash is coming https://www.abc.net.au/news/2019-11-13/crash-is-coming-says-influential-investor-mohamed-el-erian/11700696?section=business
#IronOre #Australia #HeiseSays Australia’s dependency on Iron Ore is concerning because of the falling Iron Ore Market. References ‘Failed souffle’: Warning for Australia as iron ore begins to fallhttps://www.watoday.com.au/business/the-economy/failed-souffle-warning-for-australia-as-iron-ore-begins-to-fall-20191105-p537gw.html https://tradingeconomics.com/commodities https://oec.world/en/profile/country/aus https://oec.world/en/profile/hs92/2601/
#Recession #China #HeiseSays Is China heading for a recession? References China Is Heading For A Long Growth Recession, Not Because Of The Trade War https://www.forbes.com/sites/forbes-finds/2019/11/01/the-best-tech-giftsfrom-new-releases-to-cult-favorites/#394cfde677b0
#Recession #Economy #HeiseSays Hong Kong has officially entered into recession. References Hong Kong officially enters recession, with zero growth expected for remainder of 2019 https://www.abc.net.au/news/2019-10-29/hong-kong-now-in-recession-financial-secretary-confirms/11647964?section=business