aha...you can't buy puts out to 09 on this... I'd short it and buy it back in a year. You'll make 20%...I reckon
ahh come on now. here's a Hungarian 100 quintillion pengo note from '46 from the looks of the chick on the note, she's trying to hide behind that scarf.. things cant be that bad in Oz..
Interesting note. Australia is currently experiencing inflation of around 4%. Our Reserve Bank is in the process of tightening (about bloody time!) This is very bad news for the mortgagees here. Good for people (like me) who own their homes and have cash. For the past ten years the only thing on peoples minds here has been property, property, property, property, property, property,property, property, property, property, property, property, property, property, property, property.....
How should the POTUS respond to price speculation from some reporter? He said he didnât know about future prices but added he knew about current prices...would you rather have an answer from George Soros?
interesting how you are bearish the AUD and the SPI ... I see global recession and coupling of course. But... I find it interesting how the AUD has lagged other currencies in strengthening against the dollar in the latest bid. I'd think the association of the aussie economy with the commodity boom in addition to the advantageous interest rate differential would be extra supportive. On the other hand ... thoughts on the SPI versus the US S&P ?
Maybe there is an expectation of carry trade unwinding on market turmoil- not good for AUD - note that Yen is up vs USD.