What's driving the price down 202020 is just sheer stupid sheepish behaviour with those investing in the Australian market thinking that the must follow how the Americans are thinking about their economy. Even with that, most of the news the yanks are getting is that they are in a slow recovery; but one or two hiccups and the sky is falling again.
Those investing in the Australian market always seems to follow the US market down, to the same degree or more, but they will never follow it up to the same degree. Sheepish behaviour down, but never up. Pity.
The sell off on the Australian market isn't justified. Though with that, there is probably going to be a huge pull back this month.
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What's driving the price down 202020 is just sheer stupid...
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