BionicBoy,
IMO, the day to day markets will do as they do. However, over weeks and months, they will reflect the realities out there.
If the USA and Europe go into recession, who will Asia export to?
If Asia has to slow down, what will happen in Australia?
Therefore they only question is: where is the evidence that the good times will resume in the USA and Europe?
I see none. So, I see the traditional domino effect coming down the pike.
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