Daytr
I think you nailed it there, the market is being sceptical in my opinion of the valuations of companies and the accuracy of economic figures being produced by governments of most countries.
I think a lot of people are looking at the EU and wondering how long it can continue to allow completely bankrupt countries to drain the resources of the few economies that are producing. There are so many countries in the EU that are bankrupt or heading towards bankruptcy.
I see the POO is still being held just above the magical number set by the US Shale industry.
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Daytr I think you nailed it there, the market is being sceptical...
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