Its not an if but a when...majour bankers in the US now have machines on a buy mode for any substantial fall which to me indicates they are looking at a filtering of hikes will do thier job.
Comments like last night from JP, Chase and so forth are indicative of that. The more banter of a US recession the better it gets for GMG as they are completely insulated.
When you look back through history it is usually an 8 month to 13 month offset from the beginning of normalising.
Also a bear market at a mid point in which historically we are now, money will move from sidelines to recession proof & currency proofing growth orientated stocks.
I believe GMG is one of those stocks more so than CSL on price metrics. Increase the yield and you have an incremental slo buying mechanism in place for a SP.
Its not an if but a when...majour bankers in the US now have...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$37.50 |
Change
0.410(1.11%) |
Mkt cap ! $71.37B | |||
| Open | High | Low | Value | Volume |
| $37.05 | $37.74 | $36.79 | $113.4M | 3.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5320 | $37.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.51 | 2252 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GMG (ASX) Chart |