Japanese GDP statistics for the second quarter missed expectations but do highlight (along with the GDP numbers from the US, the UK and China in recent days)...
John Robertson
PortfolioDirect
Japanese GDP statistics for the second quarter missed expectations but do highlight (along with the GDP numbers from the US, the UK and China in recent days) the tendency toward a more stable global growth environment. At a global level, the current pace of growth is consistent with only minimal growth in raw material demand. An end to growth downgrades will be a necessary next step in having investors believe that forecasts of an acceleration (and improved demand for raw materials) can be achieved. Without that, resources sector investments go nowhere. The evolving growth picture looks to be moving in the right direction. There will be more to digest on this point later in the week when Germany and other EU members release their second quarter GDP estimates.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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