imo USD will strengthen the economy / housing will to see interest rates start to rise.
Rising interest rates will drive the USD higher. US equities will probably fall as a result.
AUD$ will as a result fall.
Wait until a change of Government for the books to be revealed of the debt legacy this current Government has left us.
Australia manufacturing is supplanted in Asia, imports will become dearer, food, fuel, money.
We have become the American model, CONSUMERISM.
We will look back and say who did this. As did the Americans during GFC, sub prime was sown years before by Clinton. 2020 onwards will be really sad for Aussie battler.
MTE Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
