That's no good Clark. This "beat estimates" stuff means nothing - especially when they lower the bar so much.
Profits have to increase by at least the inflation rate to maintain value and that's not happening. Expect things to get worse when the high interest rates bite.
Didn't you read my last post on the a200? The asx200 dividend has just dropped by 35% and will probably fall further to around 4%, as I explained. It's going to be hard work and risky making decent gains in the market now.
The risks remain high. China could collapse or declare war on Taiwan. Also, who knows what will happen in the US if they try to lock up Trump? And how is the fed going to get to its 2% target?
So, if we don't get a good return that's considerably more than what's being offered by term deposit accounts then it's not worth the risk. It is better to get 5.5% risk free and wait for the market to go below its 1000 day MA. At least until the risks subside.
.
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-12051
-
- There are more pages in this discussion • 4,780 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a |
Open | High | Low |
7,865.5 | 7,976.9 | 7,865.5 |
Featured News
XJO (ASX) Chart |