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The New Daily

Business

Rod Myer

Sharemarkets are falling and the decline looks like it has a way to go

United States David Bassanese Nicholas Gruen

Falling stockmarkets may have a way to go. Photo: Getty

The Australian sharemarket has taken a dive over the past few weeks, with the ASX all ordinaries index now almost six per cent below a January 4 high, a downward trend economists expect to continue.

It’s not just an Australian slump, either.

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