Battered by the wall street, ASX is in the sea of red today. Uh oh.. Recession that will make 1929 like a walk in the park? Seems so extreme that way, but the picture is not so pretty either. I am thinking to reduce my holding and keep the cash in the meantime. Will see what will happen tommorrow, at this moment, FTSE is slightly up, but of course it still very early in the day.
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