Interesting to note the growth in the Belgian economy since they've had no government whatsoever in the last 15 months.Australia currently has a very poor bunch of "managers" in power.What's the bet that when there is the next change of guard that the market goes up 10% in one day imo,and doesn't look back.
My gripe is the way our market follows the US futures to the second...and look what happened yesterday as a result - someone should write a book on the manipulation of the ASX (lol),and to a lesser degree Asia in general by ?hedgies/large investment banks looking for short term gains.Local players need to wake-up to the deceivers and grow BOS enmasse.If the manipulators don't start to think a little ahead,they will find they are the only ones left in the markets at this rate;then what will they do,annihilate one another?
1.Resolution of European debt woes For the markets to turn around I guess we need to see what the Goldman's of this world and the rest of the Global Predators want - money printing paid for by the indentured masses.They will not allow Greece to default (unfortunately for the Greeks),as this would be the beginning of the end for the United States of Europe bloc.
2.Retail strength returns to the States.
3.Bank stocks strengthen.
4.US deals with its' debt crisis They need a long-term plan,and like the Europeans,austerity measures will probably be forced onto the people.Democrats and Republicans need to grow up and work together in solving their fiscal problems,maybe even consider reducing military escapades in the name of "Freedom and Democracy".It would also be great if they were to reintroduce the Glass Steagall act,or an equivalent.
