A thought i have been pondering over the last couple of months. In my limited experience and observations it always seemed to me we followed the movements of the DJI with strict conformity.
As of late we seem to be bucking the leads that the US gives us overnight, both in trend and in strength.
Are we finally standing on our own 2 feet as an economy and an investing society? Realising the world revolves around more than the US? Seeing the value in our own evermore profitable companies? Seeing the value that our resources boom has and the flow on effect of it?
Seems to me the ASX is untying itself from the DJI and moving in its own direction, rather than being dictated to. Of course i could be wrong and there will be arguments for and against, but i would make an interesting discussion thread IMO