Inflation started taking off seriously last October which is the main driver behind the severe drawdown of growth stocks this year. Now with high base and dampened demand factored into the inflation rate calculation affecting both the numerator and denominator, pretty confident we will see inflation rates come down significantly over the next 6 months.
IMO we've entered the final phase of this pandemic-driven macro cycle. Don't know if bottom has reached but blind freddy can see the risk-reward is skewed asymmetrically.
DYOR.
Ann: Quarterly Report for quarterly period ended June 30, 2022, page-136
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Last
$107.34 |
Change
-0.540(0.50%) |
Mkt cap ! $4.216B | |||
| Open | High | Low | Value | Volume |
| $106.97 | $107.65 | $106.96 | $4.770M | 44.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $107.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $107.43 | 60 | 1 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$107.44 |
Change
-0.540 ( 0.54 %) |
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| Open | High | Low | Volume | ||
| $107.04 | $107.64 | $107.04 | 1354 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| SQ2 (ASX) Chart |