Markets have turned bullish because they have decided next move in interest rates is down not because of a booming economy mind you. The US 10yr Bond Yield has nose dived at the same time. You need cheap money to continue to prop up markets and expand bubbles. The Fed indicates three cuts coming in 2024. History and data shows immediately after Fed cuts rates we enter a downturn/recession and expect retail to be holding the bag. Agree risk on but for how long. Dec US Inflation report on Jan. 11, 2024 and Fed meeting January 30-31, 2024. Next 4-6 weeks looks good to make some money here.
General discussion (MEI), page-3831
-
- There are more pages in this discussion • 1,186 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $308.4M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $376.9K | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 328470 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 446158 | 6 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MEI (ASX) Chart |