Foreseeable or any near future means what market could predict at the moment, excluding any incidents which can not be handled by authority.
Why it is important because we don't know how long is the current H4L will be or how long is the "no recession". Fed and Treasury could drive this "no recession" far longer along the recession cliff for very long time. By that time, our speculative buy hopefully could reach sky high 55-60? None knows, as usual, no? I could be wrong. Too much confident? maybe.
Example in 2022, I was asked about central bank rate by some mortgage holders. I said rate might go up for sticky and longer until you are sick because that was usually happening. My thesis in 2022, rate would go up high and people would keep saying don't worry rate would go down, just like always happening before. In my scenario, rate would keep disappointing and keep raising. One year after, people would keep expecting rate going down. Few years later people will start to argue their own thesis . Rate will keep increasing, until one day they start to sell and that is when rate is going to drop. However very important to note, 5 years of 6% with no asset price increase, means 30% lower value.
Same here, I don't argue that we will see recession but WHEN??? After we go higher sky high, maybe? hopefully?
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Last
$42.34 |
Change
-0.305(0.72%) |
Mkt cap ! $216.3B |
Open | High | Low | Value | Volume |
$42.25 | $42.37 | $42.14 | $46.04M | 1.087M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3042 | $42.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.34 | 1018 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 714 | 42.330 |
15 | 1256 | 42.320 |
8 | 1826 | 42.310 |
10 | 2903 | 42.300 |
9 | 1872 | 42.290 |
Price($) | Vol. | No. |
---|---|---|
42.340 | 1225 | 6 |
42.350 | 1128 | 8 |
42.360 | 2004 | 11 |
42.370 | 1898 | 12 |
42.380 | 1840 | 8 |
Last trade - 10.19am 01/11/2024 (20 minute delay) ? |
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