5 Things that Grabbed my Attention
1. Markets are pricing in a 90% chance that the RBA cuts interest rates today by 0.25%.
2. Moody’s cut America’s credit rating from Aaa to Aa1 due to increasing government debt and cost of servicing the debt which has almost hit $37 trillion….I’m surprised markets shrugged the news off – GOLD only up 1.5%, while stocks and bonds were fairly flat.
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