If the world does take note of this latest Moodys assessment, then this should technically lead to a reduction of the borrowings of the US banks and then likely flow onto the world.
Shares like CBA can only defy gravity for so long... Maybe (right) now is the time for a change.
The majors need this up because they have pushed so much money into it. They need to sell it at these top levels. Therefore, the push and the end of the rocket fuel.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-22484
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Last
8,514.2 |
Change
-36.600(0.43%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,551.1 | 8,605.7 | 8,514.2 |
| XJO (ASX) Chart |