The market is nervous and a few issues to digest. We got North Korean behaving like a spoil brat kid yelling and screaming a lot louder this time. What the US need to do is give the kid a last warning and he they dare to provoke South Korea again then send the troops in to remove Mr Kim. I seriously doubt China will get involve with the conflict if US go in. It time to teach the kid a lesson and none of this crying baby [content moderated].
Back to the market, more sign of US economy recovering and frankly I still see the effect of the US$ carry trade which should be negative for equity. Our market continue to lag with risk of repatriation and depreciation in $A. Our banks bash is not helping the market either.
So I got a tip for ya....
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