dave the sse?
the lower it goes the more likely there will be more stimulus from china but it is the gdp and not the sse which i am referring to
china promising 5% growth by years end. already on track
china achieved 5% gdp growth in q1 24. it is manufacturing services factories et al
their inflation is low. they can stimulate as much as they want
they hold US bonds and gold
that is why i follow the china pmi each month. still a bit low but achievable
they control it all and can do what they want
my interest here is our market on the asx which depends on commods
the biggest factor is us rate cycle aided by china stimulus as needed
check out the china gdp figures for 24
it is a healthy economy
the one struggling is russia. high inflation and facing stagflation.
chinas battle was in 2022 and it worked through it. now adding qe
usa is working through its challenges with rates control easing
opec has opened up its oil supplies despite middle east meltdown. why now?
if i did not know better i would say they are working together to stabilise their economies aka jp morgans international council
our commods are benefitting which equates to my 10% plus per annum in bhp sfr et al
- Forums
- ASX - By Stock
- XSO
- The Brains Trust - 2024
The Brains Trust - 2024, page-2333
-
- There are more pages in this discussion • 1 more message 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 XSO (ASX) to my watchlist
(20min delay)
|
|||||
Last
3,138.7 |
Change
4.000(0.13%) |
Mkt cap ! n/a |
Open | High | Low |
3,134.7 | 3,138.7 | 3,121.9 |
Featured News
XSO (ASX) Chart |