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aussie melt up

  1. thorburn

    10,119 Posts.

    Now the stampede starts as investors start looking for stocks giving better yields than standard investments. At the moment things look a little heated but that could be short lived.

    With further rate cuts tipped to happen soon there are all the indications of our equity market, humbled recently by drops in IO and other mineral prices, might be just about to play catch up in a very big way.

    Apart from property bubbles Australia has been the international wallflower, bubble wise, so now it looks like we're in for some spectacular bubbling all over equity markets.

    Euphoria is coming to a market near you. Dangerous times ahead as our RBA struggles with slowing economic growth and inflation.

    Our immunity from the international bubble blight has been breached.

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