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Well, that tore the wind out of our sails
Well, that tore the wind out of our sails. All was going swimmingly as we cruised to a high of 5332 following good Telstra Corporation Limited (A$5.15, +0.8%) numbers, better resource stocks and a stable banking environment helped before the crunch of reality as jobs numbers came in at 6% with full time jobs losses not gains. Economists(Palm readers) got it wrong as usual. In the end the market closed pretty much unchanged at 5308 down 2. The shock and horror was enough to get Joe Hockey up and talking, enough to whack the rampant Aussie dollar and enough to wallop our market. It was always going to be tough to continue the pace of gains after our straight line rise from 5062.Was nearly 5 in a row! Anyway pretty mixed in the sectors as results coming faster than boats under Kevin Rudd.read more at (VIEW LINK)
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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.
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.
Expertise
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.
Expertise
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