Thursday 31 July 2014

Show, down next?

To set short positions to US$2 billions..


says he, "Get ready for the SHOW."


He meant the GFC, the great show of 2007
for history has a habit of repeating itself.

As for Australia..

"...the bull run is over and the inflationary risks are inevitable.
It is the long-term effects of the unprecedented experiment
in global monetary stimulus, led by the United States
Federal Reserve, over the past six years.."

"...analysts and fund managers have noted
that the average price to earnings ratio of the
ASX is now above its long term historical average." 

The Age Business : Sharemarkets set for biggest tumble since GFC