Financial Crisis

Back to the future…

If anyone wants to know what's going to happen on the Dow on Monday, take a look at what happened on the Aussie market Friday:The biggest one day fall since Black Friday in 1987. And that was after our Fed cut rates a full 1%. I was sitting in my final year of High School, in an Economics class no less when the market opened and down we went on that day.

The Aussie dollar, having been at parity with the USD just two months ago fell 20% in one day and back to 1983 levels. I wasn't even wearing big boy pants that year…

To my stockbroker mates at Nomura, hang on and if you'd like a career change into the exciting (and somewhat more stable) world of diapers, you know where to find me. Unlike the financial world, we get 4,000,000 new customers every year. 

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s