Big Brother

At one stage, the Tokyo Stock Exchange was worth more than NYSE.  Then it collapsed.  At one stage, the rise of China gave impetus to the notion that the USA will be relatively insignificant before long.  And for a long period, European arrogance and self-adulation persisted until 2008 showed up its bee's knees.

Yesterday, every market tumbled.  Yet, last night Wall Street perked up for whatever reason.  So for the next 24 hours, Big Brother will show why it is still big.  Now you know the ASX is really a poodle...