I thought the sell-off was due to stromg US economy, not weak US economy. Bad for expectations of increased liquidity due to interest rate cut, but good sign for global growth hence resources.
Low US unemployment equals greater consumer confidence, equals more sales of stainless steel woks, equals better price for BHP shares. No?
XMJ rallying atm anyways...
- Forums
- ASX - By Stock
- bring back permabear
I thought the sell-off was due to stromg US economy, not weak US...
-
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a |
Open | High | Low |
7,987.9 | 8,079.0 | 7,979.5 |
Featured News
XJO (ASX) Chart |