Normal
I see the stock market as only part of the equation as money may well be drawn out of Australia with a shaky mining and oil sector - so I'm eying commodity prices.The PIIGS situation (Portugal, Ireland, Iceland, Greece, Spain) is putting pressure on Europe and that will hit Australia to an unknown extent going forward.The USD is recovering as even China recognizes the size and strength of America and the safety in their currency during a torrential storm.
I see the stock market as only part of the equation as money may well be drawn out of Australia with a shaky mining and oil sector - so I'm eying commodity prices.
The PIIGS situation (Portugal, Ireland, Iceland, Greece, Spain) is putting pressure on Europe and that will hit Australia to an unknown extent going forward.
The USD is recovering as even China recognizes the size and strength of America and the safety in their currency during a torrential storm.
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