Perhaps the Euro situation won't be so bad for Australia and the US as markets flee for safer investments, perhaps our investors are waking up to this. Mexico up overnight on better reports, ignoring the Euro/Greek situation.
Reuters:
"A Greek exit from the euro zone could lead countries such as Spain and Italy to confront similar problems. That in turn could lead to a shutdown of world capital markets and a flight from Latin American assets to countries considered less risky, such as the United States."
..........LT Australia may be included in that safe haven.
Are some investors taking that punt?
Just food for thought
IMO DYOR
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2 | 42129 | 1.045 |
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1 | 4429 | 1.035 |
2 | 80000 | 1.030 |
Price($) | Vol. | No. |
---|---|---|
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1.070 | 4429 | 1 |
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