XJO 0.22% 7,997.7 s&p/asx 200

stalemate wednesday, page-53

  1. 662 Posts.

    Overall our market has been pretty resilient intraday recently, it just keeps getting bad leads from US/Europe.
    Todays acting a little like yesterday, drop after non-rate decision/GDP data and then a grinding move higher.

    Kind of glad we now have (at least) one quarter of negative GDP, it means we are closer to having a recession and dont have to read about all the optimistic and crazy analysts saying we might avoid it. The sooner we have it, the sooner we can recover and get this country back on its feet which is good for everyone.
 
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