The US market is priced for perfection, so close to all time highs yet its economy faces major problems. Well, that's what I believe even if others don't. Sure Australia looks reasonable value esp resources but fact is, if US falls in a hole then China growth will be stymied and we will feel the impact.
I am a long term bull in resources for the next two decades but at this point in time I think the dangers have been too readily dismissed. The speed of this bounce has been reckless and crazy, no room for error in the US now.
market madness, page-17
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Last
$66.22 |
Change
0.440(0.67%) |
Mkt cap ! $12.83B | |||
| Open | High | Low | Value | Volume |
| $66.13 | $66.82 | $66.00 | $17.04M | 256.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3198 | $66.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.50 | 1642 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ASX (ASX) Chart |