Club Mulgoa

Wednesday, December 02, 2015

Poodle...

Once upon a time, the Tokyo stock exchange exceeded the value of the New York stock exchange, briefly.  And then there were other stock markets rising.  And of course, China was galloping at a pace where 'experts' were predicting the end is near for American dominance in the financial world.

I thought that was laughable...  The Yanks STILL control the financial world, STILL strongly influence how the markets around the world perform and will continue to do so for a long while.  It is much easier to rise from a low base.

Today, Wall Street sneezed so the ASX will get the cold...

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