IVZ Share Price, page-22696

Yes, the overall economic context is a big factor. Personal incomes are not keeping up with the price of goods. Household expenditure on 'essentials' is higher than years past and businesses that survived the COVID pandemic, now have no safety net and those that had/have poor business models are going to the wall with a number of covid deferred taxes and duties being called in by the ATO. Spare cash may go into defensives or home loans for those leveraged into the housing market. All in all speculation won't happen when in competition with survival...