"...the stock market shrugged off the GDP figures, as deflationary pressures around the globe raise the prospect of looser monetary policy for longer – including from the Bank of Japan, which meets this week."The Nikkei 225 touched an eight-year high and closed up 0.5 per cent at 18,005."
"A large body of academic research shows that high debt is associated with slower GDP growth and higher risk of financial crises. Given the magnitude of the 2008 financial crisis, it is a surprise, then, that no major economies and only five developing economies have reduced the ratio of debt to GDP in the 'real economy' (households, non-financial corporations, and governments, and excluding financial-sector debt). In contrast, 14 countries have increased their total debt-to-GDP ratios by more than 50 percentage points."
" North American private equity firms hunt ASX gold companies"Private equity funds are hit and miss. They've become mainstream over the past few decade and their ideas don't always work out. But at the smaller end, they tend to be very effective at sniffing out a bargain and a long term opportunity."
"...'Private equity recognise that resources in the ground, and gold in particular, are very much undervalued at the moment and are due for a re-rating,' he said."...'Projects here are trading at $4 to $10 an ounce, that in a normal market you would expect to be $50 to $60 an ounce.'..."