What about instos and pension funds that are only allowed to invest into AAA bonds? This is going to be bad tomorrow night in the US, even though it's "expected".
Will they be forced to sell right away?
I don't know how these funds works. There were downgrades in 2011 and 2023. This is the last AAA rating. So this means they are forced to sell if there are no AAA listed bonds?
I think it has potential to be really bad tomorrow night.
But then there are the dip buyers and buy every dip LOL
Fastest ever recovery from bear in the last 2 weeks, now this. I think it may give some of that up.
I will lean to BLOOD BATH tomorrow night in the US. Don't know what dopey ASX will do, that's all over the shop on any given day lol
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