Our guest on the Morning Mail today is Evans and Partners Chief Investment Officer Mike Hawkins.
Interest rates were lifted again in China yesterday, hence we ask Mike for his comment on this further increase in rates and what this potentially means for the resources sector in the year ahead. Separately, with respect to the US economy we discuss the US jobs data was released last week and recent comments from the Chairman of the US Federal Reserve Ben Bernanke. Mike re-enforces his “Go forth and Plunder” view.
We assess the government’s opposition to the current terms of the Australian Stock Exchange (ASX) / Singapore Stock Exchange, and the subsequent drop in the ASX share price, as a buying opportunity. Mike provides more details on this view.
