REH 0.18% $28.52 reece limited

#splitting. hairs I use the All Ordinaries Index because that is...

  1. 16,916 Posts.
    lightbulb Created with Sketch. 8386
    #splitting. hairs

    I use the All Ordinaries Index because that is a more comprehensive benchmark.
    So, sue me.

    Also, this being an Australian stock forum with its members being overwhelmingly Australian-focused, what US stocks do, or don't do, is quite irrelevant.

    The point is that, despite your prognostications 6 months ago that the world was going to hell in a handbasket based on your macroeconomic viewpoint, stocks are today higher (you can try to craft whatever alternative universe you want, but stocks are certainly not lower today).


    And then this:

    . VWattle macro bear.JPG


    So, in the space of less than 6 months, it's gone from:

    "... the economic train screeching to a halt due to central banks slamming on the emergency brakes thereby creating an economic shock and we're heading for a protracted global recession"
    [16 June 2022]

    to:

    "Ken Fisher predicting 2023 being like 1967's summer of love for the stock market which is going to pull Reece's share price up too"
    [Dec 2022

    .]
    Last edited by madamswer: 04/01/23
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.