Here is an article that is featured on Bloomberg todey: http://www.bloomberg.com/news/2011-08-08/south-korea-s-biggest-investor-sees-bottom-in-stocks-this-week.html
The article mentions that South Korea's biggest investor, South Korea's National Pension Service, is of the opinion that earnings in South Korea will provide a good buffer for stocks in their country.
Is it too hard for Australia's Future Fund to make a similar proclamation and bring back some confidence in this market.
For heaven's sake, big companies like BHP, Rio et al have adeaquate measures in place to hedge their future earnings ... we all know Australian banks are notorious for making sickening profits.
Stop the rot before Australia becomes China!! PS. No offence intended to the Chinese but hey, business is business.
