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World Stock Markets Trading Discussion - Sanitized salute

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All Ords had a big day, finishing +1.1%.  Healthcare +2.3% was out in front followed by Consumer Staples +2% and IT +1.5%.  Telecomms -0.1% was the only down sector.

Over in Asia, China +0.6%, Hong Kong +1.2%, Japan flat, India currently +0.8%.


On to UK/Europe:










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So Iceland lets all its banks go broke

So I presume the countiy should be in a permanent economic depresion

But the OECD says the economy is boominjg growth is 7% the fastest  growing economy of all OECD economies!!! 

Thats what happens when you get a decent debt reset,



Unlike say Grreece


No debt reswt there.

It saved its banks and is in a permanent depression.


Iceland is having the tourism boom greece should have had,

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Bone crushing taxes in Greece. Black market off the books economy as a result.  But even that's not enough to stop the population and economy from shrinking. 


Foreign tourism is booming. It is exceptionally cheap there. But internal tourism is in a depression.  

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