MarketFoolery 10.29.2014

MarketFoolery

The Motley Fool

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4.7 • 1.7K Ratings

🗓️ 29 October 2014

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fool Australia analyst Matt Joass discusses the investing landscape in Australia, “ghost cities” in China, and how American brands are viewed Down Under.

Transcript

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0:00.0	It's Wednesday, October 29th.
0:03.6	Welcome to Market Foolry.
0:04.7	I'm Chris Hill joining me in studio
0:07.2	all the way from Australia, from Motley Fool Australia,
0:10.4	Matt Joss.
0:11.4	Good to see you.
0:12.2	Good day, glad to be here. see you. Good day.
0:13.0	Glad to be here.
0:14.0	Thank you for being here.
0:15.0	Yeah, so I used to listen to this podcast all the time when I was living in Denmark.
0:19.0	This is where I got most of my English news I think.
0:22.0	So yeah, it's really cool. You got most of your English news from this podcast?
0:25.3	Wow I mean I appreciate the listening. Yeah I appreciate anyone who listens to market foolery but hopefully
0:31.0	you've got at least one other source. Yeah the BBC as well so
0:34.5	I mixed it up so some quality you know journalism and there is. Let's let's there are a bunch of
0:40.4	things I want to ask you about. You work in Australia with Uncle Joe Meager on Motley Fool Pro, one of the services in
0:49.0	Fool Australia.
0:50.4	What is going on in the market right now in Australia?
0:52.8	Yeah, so Australian market has for a long time been dominated by banks and mining.
0:58.0	And what we're kind of seeing now is the mining boom kind of slowing down.
1:01.6	So the mining boom recently been really like powered by China.
1:04.0	China had been doing amazing well and needed to build a whole lot of buildings and
	...

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