Banter and general comments, page-9746

The asx has weathered the storm of geo politics better than almost any other market including the US in the last few months. Reserve banks, fed etc. are all talking up interest rate rises with the reserve bank coming out again yesterday saying sooner and larger than before.... A long cry from we promise we aren't raising rates till 2024..... which has been the mandate for the last 2 or so years. The Bank of japan are the only economy I know of that aren't trying to fiscally tighten at the moment.

So yeah commodities came back a little despite the fact that they will weather the interest rate rises better than most sectors.

All good we all know CXO will keep averaging higher till production... just going to be some red days on the way.