The “bounce back” has existed since 2009 because of the Fed.
Considering the U.S is very likely in a persistent supply-driven inflationary era, the Federal Reserve will not likely support the market if it crashes.
I do not believe investors should assume the Federal Reserve will rescue them in the case of significant declines. Indeed, the only way to stop inflation from getting out of hand is likely by allowing the economy to slow.
IMO DYOR
LKE towards TOP-5, page-908
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Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $65.07M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.8¢ | $29.24K | 752.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 3717852 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 622461 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |