AZL General Discussion, page-8116

I'm expecting a relief rally soon. Not sure if it will be tomorrow or even this week. Dow futures look OK but the NASDAQ less so. I note the ASX200 is now below pre-covid levels so I'm expecting to see the bottom soon. The fall in all stocks is due to rising interest rates globally and the pandemic shutdown in large Chinese cities. I note today the infection rate in Shanghai has fallen for the first time in weeks. If the president releases the brakes here we should see a turnaround. But will he do this? I admit I don't have a clue. Once China reopens, we should see the lithium spot prices bounce upwards again. Little effect on contract prices as they were always well below spot and are climbing as each producer replaces old contracts with new ones. Looking forward to our scoping study later this month or at least before the end of financial year. Just a ramble on a breezy afternoon. Apologies to all.