during the GFC this fell from about $80 to say $20 give or that, that would be MQG falling from $210 highs to about $70, its possible isnt it when the markets crash and ww3 breaks out officially.
we have major geo political risks, russia/ukraine, israel/iran/ china/taiwan
we have major economic risks, the world is drowning in debt, % rates are rising, and inflation is not under control
MQG is seen as a GROWTH company, during bad times, investors typically sell growth stocks and try and buy defensive or value stocks or assets, like grocers, pharma, defense stocks and gold.
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