The world wants a lower AUD before buying up Australia
May 25, 2011 Leave a comment
In Australian equities, the occurrence of planned joint ventures, mergers and takeovers being re-considered or aborted and profit downgrades by companies and analysts are increasingly being associated with the strength in the Australian Dollar.
The opportunity will lie when and as these equity prices fall coupled with a correction in the AUD, that then, on a global basis, Australian equities and other assets will be “on sale”.