OEL 0.00% 1.2¢ otto energy limited

It’ll be fine , people are nervous but rates are low and by the...

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    It’ll be fine , people are nervous but rates are low and by the looks of things possibly going lower. It supports a stronger share market. Argument is that the Share prices may be a little too high but I’m not convinced... if rates are 0% (or lower) a stock market returning north of this is supported.

    There will be ebbs and flows , we may see a decent drop across the s&p sometime in the next year , but ultimately while rates looking like this I feel it supports the valuations overall.

    with Gold and Bonds looking so strong it makes me wonder whether this is really the mother of all drops as protection is well bought.

    Both banks and oil havent really rallied which are both late cycle indictors

    Make me wonder whether we are at top on S&P/ASX

    Oil is all over the shop at the moment lol

    Do your own research not to be construed as advice
    Last edited by akap: 15/08/19
 
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