Who knows. That's the million dollar question. I think early to mid next yr. We are too indebted that once these hikes flow through we will trigger a recession.
The fed doesn't have good options in the face of mainly supply side inflation. Given the choice between high inflation or high unemployment, my hunch is the politically easier path will be chosen and inflation will be tolerated to a greater degree than unemployment.
In a little pain with the goldies atm (bullion has been fine), but prepared to wait it out. They are a component of my portfolio, not a majority.
News: EVN Evolution Mining Says Appointment Of CEO & Managing Director, page-86
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$3.93 |
Change
0.060(1.55%) |
Mkt cap ! $7.804B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.94 | $3.84 | $53.48M | 13.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 81963 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 142627 | 11 |
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| EVN (ASX) Chart |