Meanwhile:
Nothing like market sentiment to open opportunity - what we don't yet know is when that market sentiment is going to turn!? Expect the shorters are well positioned at present & would like to see further pullback. Taking approx. 5,000,000 or more daily until March 2nd, doesn't appear to be any activity March 3rd & 4th? A bit puzzling?
RBA taking things cautiously, we are as of yet to see the impact of their actions - so many fixed mortgage holders about to hit brick walls - watching full a pullback in the service sector to confirm they've done their job! Cafe's & restaurants running on adrenaline at present - of course it may not be the mortgage holders that are spending in the sector?
The the US Fed. - so many on long term low rates & many reluctant to move houses & lose their low mortgage rates. Is it the baby boomers, many highly cashed up and soaking up the good life? Expect it's this group that will keep consumerism running & drive the EV revolution - in turn
Raw material supply will struggle to satisfy what appears to be their insatiable demand!
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Price($) | Vol. | No. |
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0.034 | 7248696 | 12 |
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