Enjoy the harmless Aussie stock bubble while it lasts

Via Bloomie:

The S&P/ASX 200 index has jumped 5.4% this year, besting all equity benchmarks in the developed world, according to data compiled by Bloomberg. Optimism over the U.S.-China trade deal, coupled with lower-for-longer interest rates and the potential for further cuts are helping the gauge extend gains following 2019’s best-in-a-decade surge.

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