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In relation to an earlier WhatIf post on the wisdom of RBA's decision not to cut rates, it was quite interesting to see Australian currency, policy may limit stock gains on Marketwatch. Higher rates are clearly a potential danger for Australia's economy. This had been pretty much ignored by the market and mainstream media, but it appears that the trend is changing. Also please refer to this WSJ article that came shortly after the rates announcement.
(For more WhatIf posts, click here)
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