These inflationary treads are a bit unrealistic. and should chsnge back to normal pretty quickly over the next 12 months. I say this because todays numbers are a comparison between a time when economies were shutting down. and oil had a negative value. to a time when economies were returning to a state more normal. In other words. where prices were artificially low. to a time more normal All the US futures are up at the moment, yet the ASX is having a bad day. A look at yhe charts shows how quicly and how far an index can move in these times. We just need to stay calm and position ourselves appropriately. How easy is that? ; )
CHM Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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