I know this sounds like a tin foil hat theory, but is there any possibility the US are moving money out of China & back into their own country while also helping support the Australian market as a result of the recent escalating China issues?
Which could explain why we're seeing a resurgence in both the US & AU markets
Chinese education companies got slaughtered last night as rumours spread about forcing them into non profit organisations
Last year the US forced companies to restrict investments into military linked companies (Although Biden has intervened because it was a trump policy)
Investments in China have diminished in the past 6 months
China A50 is the most bearish chart of the major markets that I can see
That money has to go somewhere
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