You say that the “macro picture looks pretty grim.”
I saw this morning that the USA debt: GDP ratio reached 124%. Apparently anything over 100% is “Red Alert” territory. When the Greek economy basically collapsed a few years ago it reached 200%. Anyone hazard a guess as to what will happen to the stock market (and our investments) if the US debt: GDP ratio reaches 200%?
Is that “Brown Alert” territory?
You say that the “macro picture looks pretty grim.” I saw this...
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| AXE (ASX) Chart |