the world will be going into a great depression, inflation is no where under control for those that buy groceries and live in the real world, stuff is going up every week now and not coming down, rates will stay high or have to go higher to crush inflation, the world will be going into STAGFLATION, where growth falls but prices go up, not a great combination,
BHP sells things needed for a growing economy, recession/depression means less need for those things in the short term, ill be a buyer below $38 in 2025, add to that the DOW is so over due for even a 10% correction its not funny, that will add to the selling pressure for BHP when it happens.
BHP $100 Target !, page-243
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |