Investors confidence will not return unless US index climb back to near 14000 level. Most importantly is (according to CNBC news) the Home lenders in US said bankruptcy / liquidation is possible (drop >35% last night). Country wide and other financial lenders were falled from >3% to 15%.
Last 15 minute rally in US was merely boost by few high tech companies. US 's credit lending is struggling hardly.
Wait and see.
MBL
macquarie bank limited
mbl vs banks
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