Economic Clock

[archonmage]

Learn an interesting concept today from my mentor,

The Economic Clock

The economy is said to go in a cycle. The economic clock is to demonstrates this movement in a cycle to indicate when is a good time to buy certain types of investment or when not to buy.

The economic clock is not to be taken as an accurate time to buy to quickly become wealthy but instead it is just an indicator to guide us in our investment decision.

For those who are interested, you can read on further from the link below

http://www.wealthtipsonline.com.au/inne ... opic1.html

Regards,
archonmage

[fahrenheit]

Hmm... I think generally it's a good cyclic chart that we can reference.

But what's the clock now in times of stagflation?

[randwick]

Extracted part of this article from Business Times Singapore today; the first signs of more bad news to come?

Firms start dragging their feet on payments

[SINGAPORE] More companies are facing cash flow problems and delaying their payments as the economy slows, says DP Information Group.

The problem seems most acute in the services sector where, in the first quarter, 50 per cent of the debts owed were deemed delinquent. This is a massive jump as, in the previous quarter of Q4 2011, only 16 per cent - less than a third of this number - were delinquent, the group said.

A debt is considered delinquent when it remains unpaid 90 days past its due date.

The services sector covers a wide range of businesses including advertising, design, education, employment agencies and rental/property.

[Dennis Ng]

Restaurant business also seems to start to slow.

Today, at Lingzhi, (a famous Vegetarian restaurant), the restaurant was only about 40% to 50% full during lunch time.

Cheers!

Dennis Ng

Extracted part of this article from Business Times Singapore today; the first signs of more bad news to come?

Firms start dragging their feet on payments

[SINGAPORE] More companies are facing cash flow problems and delaying their payments as the economy slows, says DP Information Group.

The problem seems most acute in the services sector where, in the first quarter, 50 per cent of the debts owed were deemed delinquent. This is a massive jump as, in the previous quarter of Q4 2011, only 16 per cent - less than a third of this number - were delinquent, the group said.

A debt is considered delinquent when it remains unpaid 90 days past its due date.

The services sector covers a wide range of businesses including advertising, design, education, employment agencies and rental/property.