XJO 0.70% 8,269.8 s&p/asx 200

living on day trading the index, page-80

  1. 7,728 Posts.
    Fundamentalists will love this from Macquarie... just heard a broker there on radio saying they believe Australia's GDP is CURRENTLY running at 4%--yes, 4%---and in the first half next year will be a staggering 6%.

    Six per cent GDP and interest rates 3.25%? Prepare for a doubling at least if that is the case.

    I think the most memorable quote I've seen all year has been from the venerable Volt a week or so ago

    ....something along the lines of "you know you're in good hands with the federal government stimulating the economy and the reserve bank dampening it"
 
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