I must be missing something here
US economy - Only just showing signs of life
Aus economy - Holding up with support out of Asia
US Credit - Downgraded
Aus - Maintained AAA
US Debt 70% of GDP
Aus 4% of GDP
Japan of a handful of points yesterday on bad news
Aus drops 1% on the same news
XJO high 10.4.2011 - 4976
DOW high 4.2011 - 12810
XJO - 17.8% off April High
DOW - 4% off April high
There seems to be a major disconnect here
I see it continues today
DOW Friday 124+, Then flat Yesterday, now down 136.
Aussie - Up 33, DOwn 44, and now again SPI - 33
Are we seen as that risky a play ??
round 1 - maxi toe to toe thursday, page-19
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Last
7,999.3 |
Change
-18.300(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,017.6 | 8,018.0 | 7,996.9 |
| XJO (ASX) Chart |