Just comparing our XAO chart with the DOW ... what the?
While our prime minister is embarrassingly telling the the rest of the world just how good the Australian economy is, and that they should follow our example of spending more money - The chart comparison as a gauge of our economic health, is looking mighty sick!!
**DOW hit 12 month highs back in May ... XAO couldnt even come close!
**After this recent slump, DOW have a breakout & heading UP ... XAO can barely get off the ground with a whimper!
But dont worry everyone, we have the best economy in the world!!
Maybe they should give away some more Pink Bats ... that might help!!