Pardon my economic ignorance - but shouldn't an increasingly strong economy requiring interest rate raises to slow it down, mean that the share market improves. Banks should have less bad loans - CBA reports record profits, take overs are rife, unemployment will soon become another skills shortage. Where is the bad news in all this?? (Oh wait - the Media and the bears will find it I'm sure!)
Oh look we are heading in the wrong direction again - how unusual. Again I suspect that Major Funds from around the world are loving the fact that we are bunch of panic merchants - so many good cheap companies.
