Analysis of its monthly financial statements since 2005 uncovers trends that commentaries about its annual budget downplay or overlook. For more than 20 years, it’s been a basis of Leithner & Company’s operations: as a conservative-contrarian value investor, we think for ourselves – and thus always discount and often reject conventional opinion and behaviour. Warren … [Read more...] about How Canberra’s finances have worsened – and why it matters
Archives for June 2023
Why America’s now in recession – and what it means for Australia
Leading indicators, weekly earnings and hours worked, GDI and productivity are all falling. That’s bad for Aussie as well as U.S. equities. In Should we be in a recession already? (2 June), Roger Montgomery wrote: “given the slumping credit demand and tightening lending standards in the U.S., which typically precede or accompany a recession, one wonders why we aren’t in a … [Read more...] about Why America’s now in recession – and what it means for Australia