BRK 8.33% 1.3¢ brookside energy limited

this is not a dig at BRK but the 'wider economic climate' the...

  1. 1,711 Posts.
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    this is not a dig at BRK but the 'wider economic climate'

    the entire world is 'going to s--t' right now

    The UK has decided 'bizarrely' to fight inflation by BUYING BONDs and essentially using quantitative easing...which in the 'short' term will work long term it is to use the 'expression' pouring fuel on the fire.

    The U.S can't seem to get inflation 'down' despite the numerous cash rate hikes....

    Then there is our RBA lead by probably the most incompetent economist on the planet who will 'surely' up the cash rate next month and probably the month after that....

    I think the 'overall' market is in for some hard times as a globe recession is odds on at this point.

    You can't blame BRK or any other stock for what is about to come to pass but just need to be aware there is a serious storm coming and we will see some volatility in the SP
    Last edited by Pastry1: 30/09/22
 
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