I basically agree with you, I just think that the over whelming downward drop in interest rates will move the market eventually. Not everyone is unemployed yet. People are still eating; taking holidays, living as usual, the only thing that is changing rapidly is the amount they are saving. They are going on cheaper holidays. They are more careful on what they buy, and spending less in the land fill shops (cheap shops). Australia’s lower dollar and petrol is helping the tourism industry which is a major boost.
- Forums
- ASX - General
- peter d schiff
I basically agree with you, I just think that the over whelming...
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?