XSO 0.13% 3,138.7 s&p/asx small ordinaries

dave the sse?the lower it goes the more likely there will be...

  1. cha
    5,842 Posts.
    lightbulb Created with Sketch. 685
    dave the sse?
    the lower it goes the more likely there will be more stimulus from china but it is the gdp and not the sse which i am referring to
    china promising 5% growth by years end. already on track
    china achieved 5% gdp growth in q1 24. it is manufacturing services factories et al
    their inflation is low. they can stimulate as much as they want
    they hold US bonds and gold

    that is why i follow the china pmi each month. still a bit low but achievable
    they control it all and can do what they want

    my interest here is our market on the asx which depends on commods
    the biggest factor is us rate cycle aided by china stimulus as needed

    check out the china gdp figures for 24

    it is a healthy economy

    the one struggling is russia. high inflation and facing stagflation.
    chinas battle was in 2022 and it worked through it. now adding qe

    usa is working through its challenges with rates control easing

    opec has opened up its oil supplies despite middle east meltdown. why now?

    if i did not know better i would say they are working together to stabilise their economies aka jp morgans international council
    our commods are benefitting which equates to my 10% plus per annum in bhp sfr et al
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.