“If interest rates rise, these businesses are technically worth a lot less,” he told Sky News Australia.
“That’s the reason why they’re being hammered on our markets today in particular, but it’s banks, it’s pretty much everything that’s well down right now.”
Falling markets and dollar? Investors nervous about the potential election result? AusVotes2022
But Scotty says the economy is strong? Albo4PM ScottyTheScumbag LNPMassiveFail auspoll2022 NeverTrustNewsCorp