Club Mulgoa

Tuesday, August 09, 2011

ASX... the Leader of the Pack

When DJI went up by 60+ points, the ASX tumbled heavily. The next morning DJI crumbled after the downgrade of the USA government credit rating to AA+. Then another big crunch came to the ASX, and the DJI fell heavily too!

Then yesterday, all Asian markets tumbled but the ASX changed course and became nearly 1% positive. Guess what, the USA and Europeans followed!

Australia - Leader of the World Markets!

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