Many Right wing supporters don't seem to understand or care that confidence in markets has a huge impact on the economy, takes a long time for confidence to rise and it can be shattered with one bad announcement.
Not just talking about the stock market but the markets for cars, electronics, bulk food in agriculture, beef, minerals, oil etc, which in turn drives the success of companies and the stock market.
Funny thing is that price of gold usually does well in these kind of situations as we are adding more to our resource with each news release our share price should be drifting upwards.
I have been selling off any stock that is ex dividend and no franking credits to come, we could be in for a rough time for a while.
TTM Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
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