History tell some interesting stories.
The federal labour government always associate with bear market, from 1929 depression, to 1974 crisis, to the recent crash.
Just bad luck, or something deep? I don't know.
It was a bad day today again. I suspect the weakness of our stock market has something to do with withdraw of foreign investment, taking the advantage of strong Australian dollar.
In US dollar terms, we are still ahead from a year ago. It is pity, only foreigners can take the advantage of that, while we can only busy to spend our holidays overseas.
2rd worse stock maket in 2010, page-2
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,285.2 | 8,224.0 |
| XJO (ASX) Chart |