A further rally in the $US in the second half of 2014 will strike some emerging economies hard
Morgans Financial Limited
Morgans Financial Limited
A further rally in the $US in the second half of 2014 will strike some emerging economies hard. The US economy is accelerating after a number of years of below average growth. Over the past 20 years, the US economy has been growing at an average rate of around 2.4%. Growth this year is expected to be 2.7%, and growth in 2015 is expected to accelerate further to 3.3%. Growth acceleration of this type following the depressed years of the GFC should generate an enormous increase in capital inflow into the US. With generalised strength in the $US, currencies with any structural weakness are likely to be sold down aggressively. Janet Yellen recently highlighted emerging countries at risk of collapse in their currency. Read more: (VIEW LINK)
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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans Financial Limited
Stockbroker
Morgans Financial Limited
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
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