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vic_wattle

3,481 Posts.

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30/07/20

23:37

Post #: 46199867
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Originally posted by MarsC ↑

Maybe. Nothing is certain in markets - and I appreciate the non-cheersquad-like commentary (unlike the prior commentary).

That said, I'm fairly certain the market is aware of those risks. I mean, those thoughts are not exactly a secret of a privileged minority with deep sage-like insights. So from the perspective of someone who may be holding back waiting to find their special entry point, for me, it is not so much "what will the economy do from here", it's more "what will the market do from here".

Because, whatever may lay ahead, we are in a recession now. And if there is one thing we can be sure about in markets, it is that they look forward - they do not wait for the future to look rosy. That means, waiting for the worst to arrive in the economy, is usually a fools errand.

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Thanks for the reminder. Similar thoughts expressed by Ken Fisher.
https://www.linkedin.com/pulse/here-why-stock-market-focused-reality-like-laser-beam-ken-fisher

ARB Price at posting: $20.24 Sentiment: None Disclosure: Held
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(20min delay)
Last $38.40		Change 0.140(0.37%)		Mkt cap ! $3.154B

Open	High	Low	Value	Volume
$38.12	$38.42	$38.03	$3.337M	87.47K

Buyers (Bids)

No.	Vol.	Price($)
5	81	$38.39

Sellers (Offers)

Price($)	Vol.	No.
$38.40	48	3

View Market Depth

No.	Vol.	Price($)
3	72	38.390
2	10	38.380
2	97	38.370
3	117	38.360
3	104	38.350

Price($)	Vol.	No.
38.420	232	9
38.430	145	6
38.440	164	3
38.450	117	3
38.460	99	2

Last trade - 11.34am 20/06/2024 (20 minute delay)

ARB (ASX) Chart

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