Tuesday, September 22, 2009

The economy seems to be turning

The US economy seems to be declining significantly less according to the Washington Post - see graph of Qtrly domestic product output (Aug 09). Stockmarkets also seem to be in a more positive mood and there seems to be more activity - companies are starting to hire and from my own activity and discussions in the market things seem to be picking up. With my recent trips to Sydney, I would say that Brisbane is lagging Syd (and Mel). Hopefully we all see the up-swing soon.