I think the world is 1-2 years alway from opening up again. In the meantime, people will be able to withstand the inflation. The RBA are actually forecasted to cut interest rates mid-way through 2023.
Inflation has been caused by supply chain/staffing issues/Ukraine. Once these issues are resolved, I think the global econony is positioned extremely strongly. Yes, there will be some slow down as inflation comes down, but your suggestion of staglation is laughable. How are we going to go from the lowest unemployment rate in history to a high unemployment rate?
People seem to forget that Australia's stockmarket has been stagnating for almost three years now. Stockmarkets go up, and I think the dog days are almost over.
TP $100, page-105
-
- There are more pages in this discussion • 367 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$36.07 |
Change
0.500(1.41%) |
Mkt cap ! $3.279B | |||
| Open | High | Low | Value | Volume |
| $35.90 | $36.22 | $35.71 | $9.425M | 261.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 677 | $36.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.10 | 574 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DMP (ASX) Chart |