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It's better to look at the bigger picture these days. A view of...

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    It's better to look at the bigger picture these days. A view of the forest from the trees is never a bad thing.

    The ASX/XJO is nowhere near "peak pain in the butt" yet. From the 7,633 peak in Aug 2021 - Apr 2022 the ASX has only declined to a low of 6,408 or 16%.

    A 20-25% decline (which is not historically out of the question see below) to around 5,724 will put a stop to this RBA nonsense as they know money leaving the share market and going for real goods is a hell of a lot more inflationary than the inflation they are trying to dampen right now.

    https://hotcopper.com.au/data/attachments/4770/4770169-fd4e6d72f56a0bdab5edf743eed56637.jpg

 
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