I live in Australia and don't have any plans of moving overseas so a drop in the $A won't bother me
FYI I'm not expecting any sort of financial market meltdown
What I am expecting is a mean reversion mainly in the US as rates go up and the great yield chase ends
Under higher rates you can point to stretched PEs as a sign of worry
I also added some DAX shorts at 9990 I'm feeling frisky
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