$EWA On the verge of making an 18-year high. You could have come into select stocks with the EARLY INSIDERS (as defined by KTS #11). Remember this post from last year? So this morning, the Reserve Bank of Australia just raised interest rates for the first TIME in 3 years. Why? (1) Inflation is re-accelerating. (2) The RBA feels that inflation needs to be contained.....now! (3) Unemployment won't be able to meet the job openings. (4) Investment into the country is growing faster than they expected. And why is this? Because the countey and their companies are heavily dependent on natural resource extraction. Do you really know the significance of this buried news story? 😂 🤣 The RIGHT stocks at the RIGHT TIME. Membership in Beskar Capital opening up soon! 🤞 This is the Way! 🏄♂️ 🌊 🏄♀️ 🌊 https://www.sbs.com.au/news/live-blog/rba-interest-rates-decision/hoc4etbow
In fact, Australia and Canada share very similar economic structures and characteristics. Both economies are heavily dependent on natural resources and rely strongly on a single major trading partner—the United States for Canada and China for Australia. Each country has a vast landmass paired with a relatively small population, limited manufacturing output, and extreme weather conditions (extreme cold in Canada and extreme heat in Australia). Both also face sky‑high housing markets and stock markets that are disproportionately weighted toward energy and resource‑based companies. Both countries rely extensively in immigration for growth. BoC is raising the spectre for potential hike in interests rate in 2026. Should we assume similar scenario for canada?
Enid Vadeanu@enidv · 7mo
(Im)patiently awaiting membership 😘
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