No idea whats prompting the rally and in essense couldn't care less but the more you try to change an outcome the tune is always the same. Markets live and die on credit/liquidity/interest rates and in the end its all about valuations.
If inflation is skyrocketing that makes credit expensive.
If inflation is plummeting that makes credit cheaper.
It's not QE but from where the cost of capital was over 12 months ago it definitely is a form of stimulus for the markets.
No idea whats prompting the rally and in essense couldn't care...
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Last
8,036.5 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |