Hey guys, I have had this question on my mind for some time. Could someone please shed some light for me?
Obviously the GFC in 2008 was caused by issues in the U.S. At that time, both the Aussie market and the US market dropped significantly. My question is, why is it that the Dow Jones has rebounded back much better than ASX? The Dow index is within 10% of its previous highs, whereas the ASX is still struggling at around the 4200 mark?