My Personal opinion is they’ll get inflation under control in the short term but will start seeing major economic impacts as a result.
Powell will then intervene in the markets again, creating an almighty spike and new high in equities, which is then going to be followed by a major crash in equities (when inflation comes back far stronger second time round).
No idea around timing except that I would guess the eventual crash is going to be second half 2023.
IMO not advice
My Personal opinion is they’ll get inflation under control in...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.5¢ | $1.817M | 7.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 404558 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 460997 | 12 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 2838546 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LRS (ASX) Chart |