Rejected Bears and Low Volatility

Just as expected, Australian investors are crying foul on the low-interest rate policy adopted by my least favorite reserve bank leader, Lowe Phillips. He is utilizing the same policy that lead the ECB into a never-ending bear market. When there is uncertainty in the global economy and you are not one of the "majors" then don't throw oil on the fire by creating an atmosphere that makes global & local investors more fearful of your future. Australia has a great economy, one just needs to look at their BOP (Balance of Payment). Despite all the fear, the exchange rate has become "sticky" and currently rejecting a further fall. We just need progress in the trade deal to start a bull market and with commodities almost back in season it might be impressive. Disclaimer: I am not your financial advisor.