an ugly ducking in an ugly flock

  1. 8,437 Posts.
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    Trying to be balanced about this but -

    * W/street down
    * Non-farm payrolls indicated extreme weakening in US building industry
    * Aus stocks exposed to US (generally) will be hit today
    * LPTs and property stocks looking at an ordinary open
    * News from Centro all seems to be bad lately
    * February deadline inching closer by the day
    * BBB rating (developing) could be further hit
    * Centro credit spreads widening
    * Lack of insto credit support now evident (long-term IR hedging lines diminished or withdrawn).

    Can only see one way to play this atm.

    Regards
    Kit
 
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