Michael Hartnett
Michael Hartnett
Michael Hartnettwas an Irish poet who wrote in both English and Irish. He was one of the most significant voices in late 20th-century Irish writing and has been called "Munster's de facto poet laureate"...
ProfessionPoet
Date of Birth18 September 1941
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Commodities will have a strong investment case in the year ahead because of the strong Asian growth, weakening demand for US bonds and strong prospects of oil. Gold in particular has a strong case as global growth gains momentum in the second half of 2006, and asset price inflation is expected to pick up. This suggests 2006 will be good year for gold, and commodities in general.
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Previously it was a rush to buy anything. Now I think that quality will stand out.
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The equity market responded positively to the jobs report, which in turn helped the dollar. It was a 'buy U.S.A.' payroll number.
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The great interest in the economy is what is going on in the consumer's mind. If you work that out, you unlock the key to what Japan will do over the next couple of years.
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The market is still proving resilient because of liquidity.