While many hope that the reporting season will boost stocks they may be in for a shock. While the US businesses have done well over the last quarter it's the next quarter that is a problem, interest rates are begining to bite, wage growth and commodity prices are putting pressure on future profits and as many SP"s have these factored in the next 3 months could see a slow down in the US economy with the result that our high resources cost is a contributing factor to the slow down along with energy costs. The yield curve inverted last November in the states, usually a slight recession or at least a slow down in the economy follows within 12-18 months. All in all the US is heading for a slow down also helped along by a holpeless Fed Reserve. We, Japan and China will follow,just as sun rises in the east each day.
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$6.90 |
Change
-0.050(0.72%) |
Mkt cap ! $4.633B |
Open | High | Low | Value | Volume |
$6.90 | $6.92 | $6.88 | $4.975M | 721.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1455 | $6.86 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 1455 | 6.860 |
1 | 1450 | 6.850 |
2 | 1323 | 6.800 |
1 | 2242 | 6.690 |
1 | 410 | 6.660 |
Price($) | Vol. | No. |
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6.920 | 753 | 2 |
6.950 | 2848 | 3 |
6.960 | 15282 | 3 |
6.980 | 1180 | 2 |
6.990 | 9192 | 9 |
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