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BIG burrendong minerals limited - withdrawn

0.00%

$2.22

And the push to $3 begins, page-78

Currently unlisted. Proposed listing date: WITHDRAWN

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Ryzie

3,795 Posts.

1980

15/02/18

16:04

Post #: 31083118
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Originally posted by Thanky ↑

I don't think the US economy is on the edge of recession at all. If rates shoot up fast to combat inflation (that is still not there) that may cause a contraction in GDP. To counter that you have Trump's tax cuts and infrastructure spend (not yet passed congress) that will stimulate the economy.

I do agree about having 2/3 of a year left for bullish trading though. Those interest rates haven't even started going up yet, inflation is still hardly seen in the numbers. Business sentiment is very high in the US, reporting season was strong etc, that's not what happens when a recession is about to hit.

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Not to call you out on this but I think we are saying the same thing here. The actual definition is:

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

BIG Price at posting: $2.26 Sentiment: Buy Disclosure: Held
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And the push to $3 begins, page-78

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