The WSJ carries another positive piece on the Australian economy


I dunno what is going over at DJ, yesterday the Journal had an article on: 

Today its this one:

With a consensus that interest rates will remain low over the next several years, keeping the Australian dollar weak, BlackRock’s head of Australian Fundamental Equity, Charles Lanchester, figures there is an opportunity for investors outside Australia to invest on the cheap in “global growth stories” whose foreign profits will receive a further boost when repatriated into Aussie dollars.

Far be it from me to dissuade any investment in what is, obviously, the greatest country on earth (me, biased???, no!) … but what’s with the WSJ?


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