Big start but it’s fading. Currently the Kiwis have an 0.4% gain, Aussies +0.1% and Sth Korea +0.6%. Nikkers is taking a holiday.
In the Aussie sectors Healthcare is leading, +1.2% followed by REITS +1%. On the downside, Miners still taking it on the chin, -1.3% and Materials -1.1%.
April Tax Collections Still Running Red Hot Mean That Fed Must Get Tighter
The Fed is Tightening Into a Sheet Storm
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