It’s no different in Aus with the amount of government injection with the housing grants, covid relief etc it has been a false economy. A lot of businesses have already turned with declines esp retail. Property prices are on the turn and as soon as most people come off their fixed rates then reality will kick in.
Proce gauging is huge atm as everyone trying to get a piece of the pie because everyone else is so they feel they need to as well. However there comes a breaking point where it is not sustainable and demand drops significantly as people make sacrifices to be without.
But I agree a volatile road ahead with so much uncertainty still.
However in the mean time you deal with the current hand in front of you.
It’s no different in Aus with the amount of government injection...
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23.5¢ |
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| Open | High | Low | Value | Volume |
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| Last updated 15.59pm 03/05/2024 ? | |||||
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