ASN 4.76% 11.0¢ anson resources limited

ASN Chart, page-4903

  1. 2,716 Posts.
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    when market realizes that rate hike is not the solution for the inflation and all those stupid (or may be cunning) so called experts putting pressure on fed to raise interest rate to gobble up all value stocks before the next run, this inflation is not due to rate being very low, this is because of supply chain issue (and partly due to Aussies hoarding toilet papers ) , raising interest rate will just rattle the market (max fed will raise is 0.1 points which is still historically low), this is just a transfer of wealth from retail to market makers, looks like market is poised for the strongest rally after march, I am still very intrigued why ASX is crapping , with inflation at 3, Aussie inflation is better than most G20 members including NZ inflation and ASX is behaving as if world is ending due to US markets... heights of stupidity
 
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ASN (ASX) Chart
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