Australia IMO has one of the highest political instabilities going around. Bandaid solutions for a rotting housing market for instance. Let it fall bowl the show over and start again. We are getting a distorted view and people wont touch a thing. The machine has stopped breathing.... fingers!
And no that does not mean I am bearish on stocks.... in fact very bullish. Property falling will slow the economy big time but stocks will then kick on past 10000. About 7 years I reckon to this event.
That is MO anyhow. Over & out
Australia IMO has one of the highest political instabilities...
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