moody monday, page-45

Nice one farsight.
Finding it more and more difficult to "value" stocks based on dismal forward projections.
Very strange from the RBA to announce something like that when they could just as easily have sat tight until the next meeting, allowing at least the markets to recover somewhat. Perhaps they want to find the bottom quickly - or have no regard for the financial markets

I have a few high placed banking friends who agree with you thoughts on the disconnect between interest rates and inflation. Although I don't really understand macro economics very well at all.

I guess for us to really come off, we have to wait for the miners to drop further, as they are seemingly holding the index up a little as they are no-where near their lows from august.