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* Lack of insto credit support now evident (long-term IR hedging lines diminished or withdrawn).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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