Well looks like I will need to move some cash back to my account, didn't really want to BUT the market is crazy. The American consumption / shopping data weakens - market goes up since interest rates will stay low longer. Chinese borrowing decreases no problem we peak at borrowed money and wages growth slowest since figures began unemployment worst. Our market at peak.
Where is the common sense of the 80's and 90's when politician's told it like it really was eg banana republic recession we had to have read my eye in promise - sorry country cant afford it.
Come back old guys!
I just feel I cant be out of shorts in this climate because if it collapse it will be so quick AND never sure whether its a 3 % or the biggie. Will have to sit on my hands and support with cash (that I can afford).
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- World markets 14 Aug
World markets 14 Aug
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