I have a different view, there is no economic collapse happing in fact we are in a rising interest rate cycle because the economy is doing so well and low unemployment so at this stage no financial meltdown are in sight for the US markets.
My understanding is that interest rate may be falling in china providing that extra stimulus. Like every year there are prediction from the likes of Harry Dent of doom maybe they will get right one year but not this year....
Overnight Market report, page-128
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $421.2M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.5¢ | $751.3K | 2.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 307462 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 118494 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |