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
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.