Yes most of us are one eyed Jacks Volt . I think there's a lot...

Yes most of us are one eyed Jacks Volt . I think there's a lot more to the story than just taking out the AUD rise for comparison .Firstly it's not doing any of us much good ,there aren't too many of us trading in USD and secondly a deteriorating market and accelerating currency is too simple an explanation for what is occuring here when our terms of trade say we are in the greatest commodity boom of all time .In other words we should be outperforming the US market looking at the state of their economy .