May be this has been shared but banks being encouraged to lend and also previous slated tax cuts for smaller companies etc.
Indirect stimulus planned and under way. If there's another financial squeeze or crisis they're more exposed now.
I'm waiting to see overt infrastructure stimulus. Don't think that's been announced yet.
https://www.bloomberg.com/news/arti...-reserve-ratio-to-ratchet-up-support-for-2019
Short Term Trading Week Starting: 14 Jan, page-139
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Last
8,539.0 |
Change
59.100(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,479.9 | 8,539.0 | 8,479.9 |
| XAO (ASX) Chart |