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xbayrockx

1,633 Posts.

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06/02/23

11:29

Post #: 66091109
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Originally posted by iminvestor101: ↑

I think the one thing I love about the stupidity of the Australian market is that they seem to have no idea about the impending change in economic climate. De-globalisation will make inflation bad, and australia is stuck between two powers, China and Australia, and Jim’s vision of a feel good values based capitalism is just a hoodwink to everyone, especially younger generations, of the looming taxation reforms that will soon come. The albo government imo will be bad for the stock market. He will run on ideology, not economics. What’s the unemployment rate and cash rate again, Albo?

there is so much talk about decelerating inflation but in the bigger picture I see much stronger inflationary forces yet to play out that will mark a significant change to the economic climate of the last 10-20 years. I have no idea what it may look like, but I know for sure it will be inflationary. And because productivity will remain stagnant due to its tight labour component, it will be unachievable in the short term.

anyways I’m bias atm and definitely short.

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short in what time frame? we already had 2 weeks of non stop gains in XJO.asx were u also short for the last 2 weeks ?????

XJO Value at posting: 7,546.6
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