XJO 0.93% 7,889.6 s&p/asx 200

If you block out the media noise and overeaction of the markets...

  1. 1,334 Posts.
    If you block out the media noise and overeaction of the markets in Europe and US overnight....

    Spain Bond Auction was completed on lower interest rate, and was oversubscribed = Positive

    New Emergency fund Bonds sold and were oversubsribed by 3.2 times = Positive

    ECB did not contribute to the Auctions = Positive (not advertised anyway)

    US missed anticipated growth expectations but still demonstrated growth = Positive

    Are the Global fundamentals and markets better off today than they were a month ago...of course we are which supports a positive move on markets....

    Will we get one????....
 
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