Lack Of Leadership - A Sign O' The Times

Don't worry. I know you are all being bombarded with reports, commentary and analyses about what exactly happened on Friday last week and I am sure you're starting to feel bored, if not nauseous, about it by now (or soon will be). I'll keep this brief. If there's one thing I have learned over the (near) past five decades, it is the importance of real leadership. Today, there is none. You can see it in American politics. You can see it throughout the refugee crisis in Europe. Australia has just witnessed the ascendency of its fifth Federal Government leader in as many years. A simple observation teaches us the local share market too has fallen victim to losing any form of leadership. Meanwhile, don't underestimate what exactly is happening in Emerging Markets (China). Weaker share prices do not automatically offer opportunities only. My Weekly Insights (VIEW LINK)


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