Early openers generally optimistic: Kiwis +%, Aussies +0.5%, Japan +0.1%, Sth Korea +0.7%.
In Aussie sectors, Consumer Staples has chugged into the lead, +1.2% with Telecomms at the other end, -0.7%.
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World Stock Markets Trading Discussion - Over-eager options
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Posted 11 May 2017 - 04:48 AM
All Ords finished flat led by Healthcare and Consumer Staples, both +0.7% and Gold +0.4%. At the other end, Telecomms -1.2% and Utilities -0.8%.
On to UK/Europe:
Posted 11 May 2017 - 07:02 AM
Here's some morning humor for you.
"Yet investors can’t agree on what that shift will mean. Part of the problem is that there is little agreement about how the massive stimulus policies, known as quantitative easing or QE, affected bonds in the first place"
That's right.. The Wall Street Journal can't figure out what $23+TN in additional demand in world financial markets has done. It's a complete puzzle to them.
War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
Posted 11 May 2017 - 01:50 PM
A day late and a dollar short.
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