My simple mind tells me:
1stly, Planty of panic action on Friday on ASX and round the world as sp falls across the entire board. eg. ANZ falls as much even they declared very early up front that their exposure is minimal.
2ndly, I observed that European stocks has settled and tunred in reasonable gain suggesting that (hopefully) calm has returned.
Off course, this could be the start of any chain reaction and market downturn ... God only knows ....
Like to hear your thought on this
My simple mind tells me:1stly, Planty of panic action on Friday...
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