No doubt there will be transitory inflation effects given large amounts of stimulus and low starting base (base effects.
Question is when we will see rate hikes from central banks which will impact valuations on growth stocks like Zip. Blackrock seems to think it will take longer than expected.
https://www.marketwatch.com/story/blackrock-sees-high-bar-for-fed-to-change-its-policy-stance-even-with-powerful-economic-restart-11620681982?mod=mw_quote_news
Daily Price Movement / General Discussion, page-10580
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Last
$2.32 |
Change
-0.080(3.33%) |
Mkt cap ! $3.088B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.43 | $2.30 | $18.97M | 8.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 30575 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 112493 | 35 |
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| Last trade - 12.56pm 02/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |