Early openers looking reasonably enthused: Kiwis flat, Aussies +0.8%, Japan +0.5% and Sth Korea +0.3%.
Miners +1.7% is leading Aussie sectors with Gold -1% down the most.
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World Stock Markets Trading Discussion - Natty notions
13 replies to this topic
Posted 07 August 2017 - 05:03 AM
All Ords jumped +0.9% (still in the long term trading range) led by Miners +1.7% and Materials/Energy +1.5%. There was only a couple of down sectors, Gold -0.5% and Utilities -0.4%.
On to UK/Europe:
Posted 07 August 2017 - 10:31 AM
Here is one for the ages.
Greenspan: Bond bubble about to break because of 'abnormally low' interest rates
Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices.
It's all too much.
War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
Posted 07 August 2017 - 10:37 AM
Hussman has great article today on the pervasive signs of this bubble. How much longer can the Fed continue this madness? They are running out of excuses.
Posted 07 August 2017 - 01:17 PM
Unfortunately, Hussman has been consistently wrong for 8 years. His analysis is useless. Sure, he'll eventually be right. Meantime if you've been short, you're wiped out over and over.
We have to play the game by the central bankers' rules.
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