Sharemarket on a downward trend..

[Brendan]

Even though we have a massive local resources boom, it seems like the markets are still being hit by what is happening in the US, as stated n this article

Share market closes more than 1pc lower | NEWS.com.au Business (http://www.news.com.au/business/story/0,23636,23998096-462,00.html)

How do you think this is going to affect inflation and the ever declining local share market in Australia?

[geraldbell]

Reason for the present recession is the after effect of full employment and industrial growth and net increase in GDP .Naturally this will be reversed automatically and the correction process can be stimulated on government intervention .By looking on the safer side of investment it will be better in the share market than in the real estate market .

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