And now they are up +24 but who knows where they or anything else will be in a couple of hours time. I remember this sort of action from a decade ago. A good analogy maybe a headless chook.
My guess us that the bearish seesaw will continue to gyrate steadily downwards until the US Mid-terms are done.
After that ????
The local problem is a debt bomb that will significantly magnify any global problems …….. but the debt bomb won't IMO impact most export focussed businesses .
