Ok - everyone here on Steemit knows that world stock markets are rigged.
But in Australia - no way! No one would rig the Australian Stock Market right?
Well guess again!!
Australia's largest company 'Commonwealth Bank of Australia' (CBA) is being hammered by the market - down 3% today - probably on the back of news out this morning that it has allegedly been involved in money laundering for criminal syndicates and drug traffickers (as you do when you are a $130 billion bank). More info here:
And with the fall of the CBA share price we also see the other big banks - ANZ and Westpac down 0.5%, and NAB flat.
Telstra is also down. BHP is flat, RIO is about the only stock in the top 10 that is up.
And yet something is trying to make out that the Australian All-Ordinaries index is down a mere 0.2% at the time of drafting this post. What a load of rubbish!
My observation - don't trust indices! All is not as it would appear.
All we want is the Truth!
I am... SirKnight
Image:
https://www.dreamstime.com/stock-photo-exclamation-question-mark-businessman-holding-image41159971