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Is Australia headed to be next for a housing bubble?
As China's economy slows, it affects everyone else negatively including Australia and Canada that provide the natural resources needed. I would keep an eye on the situation and trim your position if the sign of "hard landing" is taken place in China. I am sure that Mr. Hasenstab is watching the situation closely as it evolves.
I too have position is Templeton Global Total Return, TGTRX.
Probably extensions of 2008 from US left over. Housing in US are also not doing too well but could be bottoming out. I think we'll have sluggish world wide growth over the next 3-8 yrs
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I too have position is Templeton Global Total Return, TGTRX.
http://online.wsj.com/article/SB10001424052702303644004577520414196790098.html?mod=googlenews_wsj