The xjo follows the US. IMO, even if they just consider hiking rates it will scare the hell out of the property market and house prices will go into free fall putting the banks at risk. The stock market will be next because of all the trillions in margin loans that will get pulled. In addition to that, 50% of the US stock market are zombies propped up by the fed's bond buying. So, any taper talk will pull the pin. - > There is no easy way out of the mother of all asset bubbles.
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The xjo follows the US. IMO, even if they just consider hiking...
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