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Depends on your timeline obviously but when you consider the blowout jobs report the U.S just saw vs everyone else's, the americans have way way way more interest rate drops left in reserve should they need it.

Remember that interest rates are like a barometer of an economy - the lower they are, the worse the patient is doing.

Aside from the coal miners I can't think of an AUD denominated asset that I think has decent fundamentals. Even something as historically resilient as sydney real estate is not being driven by some kind of real economic strengths like you might have been able to say about perth real estate a few years back.

If you're really worried about being USD denominated, most of the ASX listed SPY, QQQ etc equivalent etf's are currency hedged

<blockquote data-quote="over9k" data-source="post: 1312694" data-attributes="member: 82196">Depends on your timeline obviously but when you consider the blowout jobs report the U.S just saw vs everyone else&#039;s, the americans have way way way more interest rate drops left in reserve should they need it. Remember that interest rates are like a barometer of an economy - the lower they are, the worse the patient is doing. Aside from the coal miners I can&#039;t think of an AUD denominated asset that I think has decent fundamentals. Even something as historically resilient as sydney real estate is not being driven by some kind of real economic strengths like you might have been able to say about perth real estate a few years back. If you&#039;re really worried about being USD denominated, most of the ASX listed SPY, QQQ etc equivalent etf&#039;s are currency hedged <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink&nbsp; &nbsp; ;)" loading="lazy" data-shortname=";)" /></blockquote>

[QUOTE="over9k, post: 1312694, member: 82196"] Depends on your timeline obviously but when you consider the blowout jobs report the U.S just saw vs everyone else's, the americans have way way way more interest rate drops left in reserve should they need it. Remember that interest rates are like a barometer of an economy - the lower they are, the worse the patient is doing. Aside from the coal miners I can't think of an AUD denominated asset that I think has decent fundamentals. Even something as historically resilient as sydney real estate is not being driven by some kind of real economic strengths like you might have been able to say about perth real estate a few years back. If you're really worried about being USD denominated, most of the ASX listed SPY, QQQ etc equivalent etf's are currency hedged ;) [/QUOTE]

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