a) RBA refuses to lift rates (the common sense option imho) b) Market not castrated, rallies strongly. c) Investors happy because they can buy some food for a change, have sex and produce more children as at current rate of reproduction, forecast for Aussie population in 50 years from now is only 8 million. More rallies follow. d) First week in June, rates rise by 25 basis points after ma price of XGP index crosses amber line (S11 milestone).
