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Sydney, Feb 23, 2012 AEST (ABN Newswire) - FINANCE VIDEO: Clifford Bennett, Chief Economist at White Crane Group presents to Sydney Capital Markets at Investorium.tv. He gives a quick overview of the current global macroeconomic status, forecasting a robust economic growth and strong demand for commodities in 2012.
Clifford believes that the "New First World" - Asia and Latin America - has overtaken the "Old First World" - the United States and the Europe - to drive the global economic growth. The United States no longer leads the economic cycle and the US dollar will continue to devalue. He is confident about the outlook of the Australian resource sector and the European fashion sector, as they have markets in the "New First World".
Clifford says that the media was very pessimistic about the world economy in 2011, resulting in a huge disconnect between sentiment and reality, as the world economy still held strong. Clifford believes that the depressed prices in varied market have created some once-in-a-lifetime investment opportunities. He is very optimistic about the world economy in 2012, predicting a growth of 5% or even higher. He adds that higher Australian dollar value is the product of higher commodity prices and higher demand for commodities, which will remain the main driver of the resource industry.
Clifford Bennett is also the author of Warrior Trading, available at Amazon Online bookstores.
View the Video Presentation at:
http://abnnewswire.net/press/en/71670/White-Crane-Report
The White Crane Group produces daily reports that are available on a subscription.
The Daily White Crane Report:
White Crane daily reports outline advanced macro-economic concepts and views that are entirely original here at White Crane Group. We are world leading in many of our ideas on contemporary economic processes, and we have shown for several years now that we have the ability to turn such economic insights into quantifiable global financial market advantage. This is not new to Clifford Bennett, who has a 25 year track record of making big calls that have shown themselves to be remarkably accurate.
The Daily FxMax Report:
FxMax is a daily report on global currency markets, and includes near term trend signals aimed at delivering strong positive trading results, as well as ahead of the curve macro economic insights. An insightful overview of daily macro events, combined with many years of experience of intra day trading patterns in the different global time zones, contributes to a unique and effective perspective of Fx markets each day. FxMax delivers an original "view", and quantifiable "trading" performance with easy to follow signals across a wide range of currency markets every day.
Samples of both the White Crane Report and the FxMax Daily Report are available at the following link:
http://www.abnnewswire.net/whitecranereport.asp
About Investorium.tv
Investorium.tv is a Video Streaming and Live Financial Industry Event featuring CEOs of Public Companies held at Premier Venues in New York, Vancouver and Sydney. Investorium.tv records and video streams the events on "state of the art" digital recording and webcasting equipment, making high definition broadcast quality productions available to Members and the professional investment community.
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