The chief analyst from one of the big fund managers was on The...

  1. 5,468 Posts.
    lightbulb Created with Sketch. 22
    The chief analyst from one of the big fund managers was on The 7:30 report last night.
    His prediction was the all ords could still fall about another 5% and it would take about 3 months for the financial markets to assess the sub prime market fallout and to settle down before recovering.

    He also said it was quite possible the American Fed could cut interest rates to bring stability back to the markets in a couple of months time like they did in "1998".

    I hope it will be quicker than that but he was one the so called experts.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$69.63
Change
0.160(0.23%)
Mkt cap ! $13.52B
Open High Low Value Volume
$69.58 $70.14 $69.34 $11.67M 167.4K

Buyers (Bids)

No. Vol. Price($)
1 3592 $69.63
 

Sellers (Offers)

Price($) Vol. No.
$69.90 8 1
View Market Depth
Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.