inflation
Transitionary or entrenched is a very big question
transitionary statements
US Fed reserve has been going on for months that inflation is transitionary - however inflation spiked to 7% - clearly well behind the curve. Here in Australia RBA has probably fallen behind the curve as well.
Entrenched?
let’s take FMG’s quarterly statement - they paid 100% more for the diesel they consume compared to previous quarters.
lack of energy investment is fueling oil prices marching towards US100/barrel - unless more supply is brought on or more electric vehicles used - this energy spiked inflation is here to stay for a while
labour shortage Inflation
You want workers you pay more - this is a problem across the board right now - this will resolve itself once borders and migration starts. Remember the big pools of labour and talent have been denied access to western nations for almost 2 years
So in my opinion inflation is here - need to curtail it - the western world should have jaw boned and started raising rates earlier to disrupt asset price inflation - housing is a great example
- Forums
- ASX - By Stock
- PLS
- PLS chart
PLS chart, page-4958
-
- There are more pages in this discussion • 17,826 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 PLS (ASX) to my watchlist
|
|||||
Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B |
Open | High | Low | Value | Volume |
$2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 238827 | $2.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.74 | 274109 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 238827 | 2.720 |
3 | 45579 | 2.710 |
9 | 109799 | 2.700 |
12 | 179575 | 2.690 |
20 | 392324 | 2.680 |
Price($) | Vol. | No. |
---|---|---|
2.740 | 274109 | 7 |
2.750 | 441600 | 24 |
2.760 | 210060 | 7 |
2.770 | 59450 | 8 |
2.780 | 63568 | 5 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online