our markets have been going down since the open. we went down yesterday. germany went up 3% last night, up about 15% for the year.s&p best jan in 20 years. those in the know know there is something wrong with the markets as they now stand. a good clean out is needed. the gfc of 2008 would have cleaned the system out but the western governments decided to prop the financial system up by printing money instead of letting the financial system clean itself out. now unfortunately we are left with this mess. maybe aussie investors are just cluey and recognise an overbought market. but if so does that mean american and european investors are stupid maniacs who just keep buying. are they colluding criminals? who knows but it begs some big questions.
