In fact this is what I said before
The instability is in the global share market
Whilst the newspapers talk about the trade war and this will hurt China a bit the big game is the financial war and not physical trade.
Unlike Australia where the export sector is large, China and USA have large internal markets and the export/ import sector is less
China also trades with Germany South Korea and EU. It is not so dependent on the US
However the real trade is in US dollars
China holds trillions in US dollars and can push this button anytime
China is a long term player and can sit out 8 years of Trump. They are not scared of Trump
The big disturbance will come about the time the US mid terms
China could dump $1 000 000 000 000
$US in a day
The chaos on world markets would be extraordinary
So not a good idea to be fully invested in the share market
There will be an opportunity to buy up at prices not seen since 2018
Time to be only in long term holds with nothing borrowed
In fact this is what I said before The instability is in the...
-
- There are more pages in this discussion • 411 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 WBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$29.45 |
Change
0.145(0.49%) |
Mkt cap ! $102.2B | |||
| Open | High | Low | Value | Volume |
| $29.65 | $29.72 | $29.39 | $108.8M | 3.825M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3294 | $29.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.45 | 1332 | 8 |
View Market Depth
| Last trade - 13.16pm 16/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |