And the Chinese are sophisticated investors?
I wouldn't be so sure this is a recovery, extreme caution is required in my opinion. There is no way that this crisis is over yet.
When the Fed rate cut party is over and more bad news hits the market which is inevitable given that so many US funds have yet to report, what do you think will happen to investor confidence this time around? I doubt that they will get up again like a punch drunk sailor for quite a few weeks.
Billions is pouring into US bonds causing low yields, many are betting it will still beat other investments.
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Last
$65.57 |
Change
-0.020(0.03%) |
Mkt cap ! $12.70B | |||
| Open | High | Low | Value | Volume |
| $65.47 | $65.79 | $65.34 | $1.812M | 27.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 36 | $65.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.57 | 32 | 3 |
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| Last trade - 12.33pm 12/11/2024 (20 minute delay) ? |
| ASX (ASX) Chart |