Now comes the real work
November 25th 2007 05:48
We shall remember 24th November of 2007 as a day Australia began a new chapter in history. Finally John Howard is gone and enters Kevin Rudd. The campaign did not start six weeks ago but slightly less than a year ago when Kevin Rudd took over Labor's leadership.
The nation has decided for a change, a fresh leadership and fresh ideas. But the real work starts now. Mr. Rudd, the Prime Minister-elect, will now be under intense scrutiny for his performance as much as the hopes of the people are pinned on him to deliver.
One of the biggest question now is that whether Australia can continue its economic growth and success story under Labor. No doubt that the Howard government had contributed to the success story but since the change has taken place we would now like to see how Kevin Rudd can handle the economic rudder of the nation.
That is for time to tell.
The party is over and it is also time to refocus and then unwind for the remaining of the year. 2008, we look forward to.
As for the financial markets, is the subprime debacle still the biggest concern? On the surface it seems to be, but the real deal is actually the still roaring but bumpy bull market that spooks us. When can a fresh start begin that we have been anticipating for? It is unlikely that we would see major corrections or actions on the markets until the end of the year.
We will see what the analysts and astrologers have to say for 2008.
Astrologers? Leaving nothing to chance, mate. So it seems.
The nation has decided for a change, a fresh leadership and fresh ideas. But the real work starts now. Mr. Rudd, the Prime Minister-elect, will now be under intense scrutiny for his performance as much as the hopes of the people are pinned on him to deliver.
One of the biggest question now is that whether Australia can continue its economic growth and success story under Labor. No doubt that the Howard government had contributed to the success story but since the change has taken place we would now like to see how Kevin Rudd can handle the economic rudder of the nation.
That is for time to tell.
The party is over and it is also time to refocus and then unwind for the remaining of the year. 2008, we look forward to.
As for the financial markets, is the subprime debacle still the biggest concern? On the surface it seems to be, but the real deal is actually the still roaring but bumpy bull market that spooks us. When can a fresh start begin that we have been anticipating for? It is unlikely that we would see major corrections or actions on the markets until the end of the year.
We will see what the analysts and astrologers have to say for 2008.
Astrologers? Leaving nothing to chance, mate. So it seems.
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