Supersonic Swinger
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- Aug 15, 2006
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When does this all stop?
By the end of the year if this speculation from an investment website holds:
"Federal Government is in no rush to open the borders as it gives a fake perception that the job market is solid. The government also has in an ideological war with universities and lack of overseas students are way for them attacking back. The federal government needs to call the election in Sep/Oct cycle as that will allow them to open the borders and RBA will cut QE by Dec. Set the clock…we already have tax payer funded advertising in play by the government and they can only do that till they call the election. They have to open the borders by Dec or the job market will tighten up and we may actually get wages growth. No one wants that…definitely not corporates, governments or RBA!!!"
Winter is coming…Sep/Oct federal election to clear the way for opening the borders and budget austerity
Local market delivered a slight positive day while the size dynamics flipped from recent days. Large Caps were negative while Mid, Small and Micro Caps all had a solid day. Global investors were selling while local investors were buying the dip in growth/small stocks. Markets are looking at the...
www.livewiremarkets.com