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I'm thinking it slows the decline and gives a bit more...

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ammie

11,802 Posts.

798

10/04/25

10:59

Post #: 78635407
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Originally posted by Lucretious: ↑

Nothing about this rally makes we want to buy shorter term. If anything - its a sell for me. ASX barely held onto long term uptrend. ASX was going down before the tariff shock announcement, and it has not recovered - yet. Confidence is wrecked for months to come, IMO. Stagflation a real possibility, and the thing to watch over the next while will be US Treasury auctions. What Nation is going to want to pile into US Treasuries when the Captain of the ship is asleep at the wheel.

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I'm thinking it slows the decline and gives a bit more stability. I'm hoping to stop seeing 5% swings on such a regular basis and get back to the more "normal" +/- 1% or 2% moves.
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