Hi LuckyThanks for the post. :)I agree, investment managers are...

Hi Lucky

Thanks for the post. :)

I agree, investment managers are adjusting for the increased risk within the market - imo.

But lets be honest here... Where else will people place their money outside of cash and gov bonds? I wouldnt feel safe investing money in any of the banks or mining companies at the moment. For me i would be more willing to sit on my hands?

Its so erratic that, unless you are a champion TA, you will most likely get caught out. And also lets remember all the champion TA people that got caught out in the GFC.

If anything its been sold down / bought up (on relatively low volume) by day traders. Wouldnt see investment managers selling even from a risk perspective because the risk is not linked to banking or mining.

Currency risk is actually favouring CSL at the moment imo.
The lower the aus goes relative to the USD and EUR, the more profitable CSL becomes.

These are just opinions :)

Have a lovely day :)

P