House hold savings falling thru the floor (almost gone), debt levels reaching historic highs so much so consumers turning to companies like the after pay stocks to keep borrowing as their credit is becoming maxed out. According to CNBC this morning this is all good? Bubble of all bubbles in progress?
Growth seems to have maxed out slowing in coming quarters and everyone is a bull. How do you pay back debt when you max out, you sell everything simple as. Although according to the world ATM its fine stock market will pay it with profits hehehe. Has to be a lot of blood on the streets soon in relative time.
I am on the sidelines (hence bored) so ignore me just some basic thoughts but we moving past corrections into crash possibilities when it all stops. And sorry this is as bullish as I can be ATM hehehe. But keep making money while it lasts and the sun is out no reason not to just stay nimble.
- Forums
- ASX - By Stock
- XJO
- 02/08 Week
XJO
s&p/asx 200
Add to My Watchlist
0.79%
!
8,561.8

02/08 Week, page-261
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a |
Open | High | Low |
8,630.3 | 8,630.3 | 8,544.7 |
Featured News
XJO (ASX) Chart |
The Watchlist
WCE
WEST COAST SILVER LIMITED
Bruce Garlick, Executive Chairman
Bruce Garlick
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online