Another big night on the Dow as Fed officials said that economic weakness warrants continued sugar hits. GDP and Jobs numbers to come but all signs continue to point to free money forever. Now if you stand in front of a group of teenagers and offer free money it is inevitable that some will spend it wisely and some will just blow it on fast cars and dumb things ...so it is with investors ,hedge funds and the like. Asset bubbles are the fast cars and dumb things..but if the money is free why not!..Banks going ex div today and tomorrow will dampen things a little..read more at (VIEW LINK)
Henry started in financial markets in London in the 80s as an option trader before coming to Sydney and spending 7 years at Macquarie Bank including a stint running equity derivatives and cash trading.For the last few years he has been a private...
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