XJO 0.28% 8,114.7 s&p/asx 200

You need a Website..... - Tuesday, page-18

  1. 16,747 Posts.
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    Look I get it, if you are long, you'll love the ban extension, if you're short, and front-running the expiry, you'll be nervous. But please don't suggest the 2nd biggest economy in the world (which incidentally will soon hold a 10.9 percent weighting in the IMF's SDR basket), is like a child. Their credibility is shot, and their market is a joke and in short, they are a loose cannon rolling around the markets. They get away with BS data, and retrospective legislation, cause they are the 2nd biggest. Any other market behaving in this manner would normally be ignored or ostracised. I accept their size and trade accordingly, or rather compensate best I can. They are just another risk (potentially black swan), to be managed.
 
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