This is getting interesting
On Tuesday this week the market fell to its lowest point in 4 months, the next day enjoyed its best day this year, then got smacked again on Friday. Volatility is back. In summary, the market fell 167 points or 2.3% for the week.
Energy prices have replaced Evergrande on the front page of business papers this week - that was of course up until the only adult in State politics fell on her sword and resigned-. The oil price hit US$80/barrel for the first time in 3 years, gas prices have risen to US$30 plus per unit and thermal coal hit a high of US$218/tonne.