Whist's its been a great week or two, it maybe worthwhile stepping back from the noise a bit as there are some concerning developments:
- Crude oil prices are starting to crack it which can be a canary in the coal mine for economic growth.
- Last night the US Leading Indicators screamed a US recession and the conference board actually stated the US may already be in recession.
- This is happening whilst interest rates are still going up!
Might be wise to consider ones lucky stars!...
US Leading Indicators indicate a recession - worth reading about (https://www.conference-board.org/topics/us-leading-indicators)
Anyway, not much overnight action to speak of:
- Forums
- ASX - By Stock
- Iron ore price
Whist's its been a great week or two, it maybe worthwhile...
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