.. oh, shit, that would be me! I’m the dumbarse who decided to invest when the markets were falling, hoping they’d pick up but, it looks like we’re in the beginning of a big downturn here.
Markets around the world have fallen as much as 5% as the lawmakers in the States decided against Bush’s restoration plan. Korea and Australia both lost roughly 5% in early trading though have since their losses half as the day has progressed.
|
Australia's ASX/S&P 200 down for the day |
 South Korea's KOSPI index down for the day |
Where to from here? Looks like I might be staying in Korea for a while as each month I’m sending less home in Australian dollars due to the weakening won.
The South Korean won's got progressively weaker, despite a mild reprieve, against the Australian dollar over the past 18 months
