XJO 0.23% 7,999.3 s&p/asx 200

22/01 Indices, page-42

  1. 26,829 Posts.
    lightbulb Created with Sketch. 1738
    Inflation in EU and here are all trending downward with increase in unemployment but not enough to even suggest there will be a recession so the economic data is similar to the US which isn't a surprise as they all did aggressive interest rate increase around the same time to control inflation when they all open up around the same time after the pandemic so I suspect they will all cut interest rate mid this year.

    China isn't having inflation problem (never have) as they are a manufacture country and are actually simulating the economy due to slower growth, oil price is still below the $80 USD when the pandemic started hence why I said the bull market will start mid this year.
    Last edited by AlCp: 27/01/24
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.