Thanks Rodroc and DanielYes there is current comment that...

Thanks Rodroc and Daniel

Yes there is current comment that inflation in the US is dropping a little.
Against that the BOOM economic Newsletter asserts that the US economy is deteriorating.

The two are not incompatible, though the latter view seems to suggest US economic depression lies ahead
We are seeing price falls here - mainly in overpriced property and over-priced speculative stocks?

The Australia Institute seems to blame corporate profits (greed) for our inflation.
In all this I see some reasons for both share price weakness & recovery
The latter will only occur when the big end of town buys up.

Therefore I remain unsure about the market
I offer no advice as I have no certainty about the future
Apart from sharing a view that EV technology will eventually provide opportunities
Pre-lunch blues (selling) now switching today's price changes to red

ASM maybe trending very slowly upward imho - the question is how will the short sellers respond