No, I dont think so. US manufacturing is flat. US comsumers are still buying new cars, TVs, etc. as never before and US manufacturers are still pumping out the goods as never before. Consumers will buy even more when the fed cuts rates. IMO the market is experiencing just another sub-prime shakeout. Hype and no real substance. No slowdown. No recession. The reporting season will produce many good numbers. I expect market highs again by April-May. IMO - now is a good time to load up!
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Last
$114.98 |
Change
-0.890(0.77%) |
Mkt cap ! $42.79B | |||
| Open | High | Low | Value | Volume |
| $114.01 | $115.41 | $113.70 | $100.9M | 880.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 165 | $114.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.98 | 3115 | 14 |
View Market Depth
| Last trade - 14.24pm 30/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |