If this analogue holds, the rebound will be finished next week and a new low will follow. These analogues tend to break down after a time, but for now, the psychological profile of the market is post-bubble depression.
Construction sector drives jump in insolvencies
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New data from the Australian Securities & Investments Commission (ASIC)
shows a big jump in external administrations in March, with 7,742 firms
going und...
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