awesome
That's crystal ball stuff.
The only consolation to my mind is that the mooted downgrade of US debt was at least anticipated by some sections of global markets, meaning it didn't exactly appear out of nowhere.
Whereas, however, when one considers the cards that fell beginning in August 2008, Lehman Brothers, Wachovia, AIG, Northern Rock, Fannie Mae, Freddie Mac, Washington Mutual and so on, nobody saw those coming.
That was a huge shock to the global financial system and one in which I hope isn't soon to be repeated.
In essence then, we are dealing with "known knowns" as opposed to what suddenly and dramatically occurred in August of 2008.
awesomeThat's crystal ball stuff. The only consolation to my...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.5¢ |
Change
0.015(4.69%) |
Mkt cap ! $486.6M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 32.0¢ | $1.303M | 3.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 29843 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 105523 | 4 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |