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highlandlad

14,356 Posts.

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13/02/20

10:07

Post #: 42904575
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Originally posted by usc75: ↑

Headline: "...as virus slows." is factually incorrect!

Latest Coronavirus statistics from all sources including WHO is that both No of Deaths & No of Infections is rising!

More relevant still, is that WHO predicts that a Vaccine in unlikely for some 18 months!

So, yes US Markets continue to rise. As does ASX, nearing record highs.

Meantime, Investor's Warnings:
1. New ERA on ASX-Double Whammy Of Zero Dividends plus Plummeting Share Prices. e.g. BKL, AMP. Kore to come.
2. Be Wary Of Companies Reporting Major Falls In Sales & Profits Yet Retain Dividend Payouts-Latter From CashFlows, Draining Retained Earnings. e.g. TLS.

Note: This Is Pre-China Coronavirus Massive Hits To Sales, Margins, Profits Of ASX Corporates In 2020 & Beyond.

As to ASX Today, divorced from "real" economy/economic activity. Speculator's &/or Fools Paradise?

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Headline is not factually incorrect. Read the report.
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