If a US recession does happen (say) late 2019/20, ASX will catch more than a cough, it will be most likely be the full blown bird flue. We also know China will not hold up. Easy money (QE) may not be the magic pill, because the numbers required to cover the debt may be too great. A reminder China printed 18% of their GDP (about $1.5T USD) in 2009, and you think the US Federal Reserve saved the day with their tiny $700 BN to a few private investment banks! ha!

Grant Williams talk ( about 18 min in from start)

Most recent All Ord Chart!

Historic chart showing multiple 5 waves up

Good Luck Aussie!

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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

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