He also said no rate hikes until '24. 'Ol codger here has no credibility.
I am also of the mind that he can't outright say there will be a recession because that'll accelerate the markets into one i.e a self fulfilling prophecy. Imagine telling the public there will likely to be one. SWHTF overnight and companies/businesses will tighten up their books, markets will crap itself and retail will flee in droves.
Many measures are showing signs of us entering a recession (and that's if we aren't already in one which I think we are).
General comments/chat, page-34596
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Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $51.60K | 3.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2784466 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2392758 | 8 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |