XJO 0.40% 8,131.8 s&p/asx 200

Monday May 20 - Back to basics, page-18

  1. 37,911 Posts.
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    wow... what a day. has an election result ever been so strong, where "the market of instos" believe the govt will keep propping up the property market and banking industry?

    looks like RBA may cut rates next month; which of course is a contradiction. economy keep kicking along with debt growth & home equity ATMs

    politically a dark time for Australia, where the people voted for some "short-term" interests, such as low interest rates, tax cuts, Adani, investment properties

    plus the ALP have zero talent or credibility

    govt will use the US method of kicking the can down the road
 
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