It’s a brave person who would attempt to predict the “bottom” for equities ! But notwithstanding world events subsequent to COVID (which seemed to set off the entire chain of events), I hopefully tend to agree. Excluding the Ukrainian situation, the international effects of COVID seem to be wearing off, and employment seems to be a job hunters paradise where employers can’t get enough staff. This augers well for production output, but not necessarily for inflation as prospective employees name their own salary… are getting them. So yes, I agree that business and the supply chain seems to be normalising, but at the expense of rising costs and inflation. In inflationary times, it’s always good to be holding hard assets and being in a position to sell, rather than holding cash and looking for an asset to buy.
Is this the time for equities ? I wouldn’t know, but property is through the roof, and cash rates are Ziiip ! The only other real place is equities, but which one ? And when ? That is the question !
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$3.51 |
Change
0.010(0.29%) |
Mkt cap ! $654.3M |
Open | High | Low | Value | Volume |
$3.50 | $3.54 | $3.49 | $207.8K | 59.15K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 8775 | $3.51 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 8775 | 3.510 |
1 | 5698 | 3.500 |
1 | 1200 | 3.490 |
3 | 9686 | 3.480 |
3 | 37296 | 3.470 |
Price($) | Vol. | No. |
---|---|---|
3.540 | 583 | 1 |
3.550 | 3610 | 2 |
3.560 | 8127 | 4 |
3.580 | 374 | 1 |
3.590 | 2500 | 1 |
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