I was wrong about inflation, although I still do not think this is a long-term problem, I give up making any further judgement.
Very interestingly, gold also was down 3% last night, so do the market believes in inflation or not?
Now, cash is trash, due to inflation. Bond is trash, due to hiking rates. Equity is trash, due to QT and recession. Real estates are trash, also due to hiking rates. Gold is apparently also not in love, due to whatever.
People still need to find some place to put their money right? How about some cash cow stonks....
I was wrong about inflation, although I still do not think this...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |