The market should have fallen heavily on Friday after woefull job numbers, but it didn't. If the market doesn't fall on woeful economic numbers then there is underlying demand. Where is that demand coming from? Money flowing out of bonds and going into stocks untill the current interest rate cycle ends. Look at the chart of JP morgan it is moving up everyday because interest rates are rising and their revenue will improve as a result. I seriously doubt corporate america will be hurt with interest rates sub 10%! In fact there will be a huge inflow of capital towards America as the US$ is simply said at 10%... cash is not trash!
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Last
$6.89 |
Change
0.010(0.15%) |
Mkt cap ! $4.627B | |||
| Open | High | Low | Value | Volume |
| $6.89 | $6.92 | $6.84 | $5.304M | 769.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4748 | $6.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 986 | 1 |
View Market Depth
| Last trade - 16.15pm 22/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |