Fundamentals - this must be the fruitloops managing the hedge funds. Just because the average mortgage paying punter in the states has put their porky up the fat cats on wall st profiting from their hard work the whole financial system goes into a tailspin.
Just how does a profit slump for Banks and deal brokers constitute a financial crisis. Truth be known, money previously handed to this lot will now be spent on real physical consumer products - something that the global economy, particularly china, and consequently aussie through its miners rely on.
Problem here is the world markets are influenced by the emotions of the fund-a-mentals that are directly affected by the punters not paying their mortgages.
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