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Thanks for the reminder. Similar thoughts expressed by Ken...

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vic_wattle

3,499 Posts.

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30/07/20

23:37

Post #: 46199867
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Originally posted by MarsC ↑

Maybe. Nothing is certain in markets - and I appreciate the non-cheersquad-like commentary (unlike the prior commentary).

That said, I'm fairly certain the market is aware of those risks. I mean, those thoughts are not exactly a secret of a privileged minority with deep sage-like insights. So from the perspective of someone who may be holding back waiting to find their special entry point, for me, it is not so much "what will the economy do from here", it's more "what will the market do from here".

Because, whatever may lay ahead, we are in a recession now. And if there is one thing we can be sure about in markets, it is that they look forward - they do not wait for the future to look rosy. That means, waiting for the worst to arrive in the economy, is usually a fools errand.

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Thanks for the reminder. Similar thoughts expressed by Ken Fisher.
https://www.linkedin.com/pulse/here-why-stock-market-focused-reality-like-laser-beam-ken-fisher

ARB Price at posting: $20.24 Sentiment: None Disclosure: Held
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(20min delay)
Last $47.85		Change 0.350(0.74%)		Mkt cap ! $3.939B

Open	High	Low	Value	Volume
$47.33	$48.03	$47.11	$5.568M	116.8K

Buyers (Bids)

No.	Vol.	Price($)
1	506	$47.73

Sellers (Offers)

Price($)	Vol.	No.
$47.99	235	1

View Market Depth

No.	Vol.	Price($)
1	506	47.730
1	506	47.670
1	1315	47.660
1	11	47.650
1	296	47.640

Price($)	Vol.	No.
47.990	235	1
48.090	506	1
48.100	1120	3
48.140	506	1
48.170	453	2

Last trade - 16.10pm 01/10/2024 (20 minute delay)

ARB (ASX) Chart

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