I think the Biden Win with Republicans Senate is actually sort of like getting your cake and eating it too for the markets.
Not only will Corp taxes not go up, but Gov spending packages and QE will be back on.
A less aggressive stance on China will be welcome by all.
Battery Metals, EV's, Global infrastructure it's all going to shot up in demand.
it's almost the perfect for markets.
Risk is back on in a big way. I'm going to pump borrowed money into some very interesting prospects. FMG will always be my largest core and I still think that we are somewhat off fair value.
On wards & upwards.
Iron ore price, page-24977
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |