The stockmarket has barely moved from 2019 levels. Unemployment is lower, household debt is down (yes debt is being paid off!), interest rates lower, the commodities Australia produces are up. Once covid restrictions are fully removed, you expect the market to go down???
Charts look more like 1945. Perhaps a huge boom for years, followed by a steep dip when it runs too far in another 10 years.
24/01 Week, page-643
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7,769.7 |
Change
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| Open | High | Low |
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| XJO (ASX) Chart |