I can't help but to get both excited and anxious. World economy has a rocky road ahead for sure, but how Australia plans it's exit and jump starting economy will have an impact. For some reason, I have a feeling Australia will feel a lot less pain than USA if economy does go to haywire. Plus, Aussie unemployment data is not as bad as people initially expected.
Also injection of liquidity in market will have some prolonged effect on AUD. AUD has gone down quite a bit in value, so we should see increase in exports and decrease in import, right? I mean atleast basic economics tells us that. >_<
APT Price at posting:
$30.00 Sentiment: Hold Disclosure: Held
