I think companies that are productive and actually making recession proof products or pulling commodities out of the ground are going to be the place to invest. May is going to join those ranks and very profitably soon.
I wouldn't be on the stock market in any other area with inflation and reserve bank led recession looming. There's absolutely zero logic to trying to raise interest rates to contain supply chain driven inflation. One or two points only maybe to rein in some of the reckless spending.
Also the central bankers are going to be revealed as the emperors without clothes. Given the high levels of debt they simply won't get the interest rates anywhere near where they think they need to be before asset price falls will have them reversing direction to try to stop the crash.
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Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $37.40K | 1.206M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 416665 | 3.0¢ |
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Price($) | Vol. | No. |
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3.2¢ | 719197 | 7 |
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6 | 416665 | 0.030 |
9 | 783228 | 0.029 |
13 | 4582058 | 0.028 |
5 | 753740 | 0.027 |
5 | 1187999 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 719197 | 7 |
0.033 | 478000 | 5 |
0.034 | 1275000 | 4 |
0.035 | 1140000 | 2 |
0.036 | 333750 | 2 |
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