Chart Update, page-7653

the A2M SP has fallen substantially and to me represented a buying opportunity however the Australian and NZ economies are going from bad to terrible. even the Federal Reserve Bank of St Louis has called out the RBA Governor for effectively spreading fake news and false macroeconomic claims.

My only issue with holding A2M which I now do is that the Australian and NZ economies appear in free fall, negative interest rates in Australia seem inevitable, 3 recessions in 28 years on a GDP per capita basis in Australia is clearly a horrible, terrible and pathetic economic performance only held up by enormous immigration numbers. A2M shareholders for the last year and the Australian people have a clear case for blaming the RBA for artificially high interest rates, higher unemployment, climate change and degradation due to all the false claims and fake news.

Those enormous, unsustainable immigration numbers are affecting A2M’s and the Australian climate, perhaps creating droughts, poor conditions for farming, emerging issues for A2M and I think those things are clearly sending down the A2M’s SP 33% which is quite a big drop.

i do not know whether A2M will be adversely affected by negative interest rates when the RBA cuts the rates due to the low inflation and great rise in unemployment, underemployment. The AUD will obviously fall against the Yuan and all other major currencies, which is good for A2M but the climate degradation due to enormous immigration might offset any benefit to earnings from AUD crashing.

Hopefully A2M’s SP and A2M’s performance outlives the Australian And NZ economies’ enormous problems. I will buy and hold but a growth stock in a falling economy or economies including NZ is risky and I accept the risk.