Well US$ has been flying this should be good for our SP and yet the market thinks otherwise.
My thoughts are interest rate increases will be marginal at best. Excessive debt across the broad spectrum of the market. Sovereign debts, local government, business and households.
The Fed and Jerome Powell can be likened to a porcupine in a balloon factory. If the porcupine moves to much every balloon will pop and Mayne Pharma will not be the only company with I-rate shareholders who's investments are well in the red.
MYX Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
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