Kacy wrote: "IMO, the driving factor is the China boom continuing."
Kacy,
I reckon your not wrong there.
Years ago it was considered good if an economy grew at 1% or 2% per annum.
Today, it seems, there is a perception that if an economy doesn't grow by more than 10% PA, then we are all doomed.
Good grief! 10% growth, that's phenomenal!
Too many market commentators are fixated to what the USA is doing.
China is where it is at. They need energy, they need minerals, and Australia has it all up for sale.
Cheers
--Dan
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