WGB 0.89% $2.27 wam global limited

You are a lot more optimistic than me, peejay. Things look dire...

  1. 3,418 Posts.
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    You are a lot more optimistic than me, peejay.

    Things look dire to me.

    I get the feeling that cash sitting on the sidelines is paying for increases in rent, petrol, mortgages, groceries... everything.

    And things don't appear to be improving - after a period of speculative madness.

    The interest rate headache has only just begun and it's already hitting despite being extremely low from historical standards.

    I hate to use the trite saying, this time is different. But, this has the hallmarks of a very difficult 5-10 years. And we can all thank Mr Philip Lowe - the most incompetent, reckless f... in the history of the RBA.

    He did a great job keeping the housing bubble alive though...
 
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