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

Inflation in EU and here are all trending downward with increase...

  1. 26,823 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.