Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

0.30%

8,099.9 s&p/asx 200

All coming on our screens next year for sure.

First 6 Last

Share
Profile

Follow
Chartsshout

7,026 Posts.

436

31/12/19

11:25

Post #: 42174313
Share

Originally posted by avagadro ↑

RBA trying to play coy and pretend all is good and they won't drop rates but everyone knows the economy is tanking due to the property bubble in Oz. They will most definitely cut rates further and QE, sending a clear confirmation to the market that "yes, everything is crapola"

Lifting rates would send a hugely positive sign and increasing lending again, but Australia and the big four banks are too deep in mortgage debt to support such a move.

The ASX should present an excellent opportunity for returns in that context as money seeking yield hits it.

Expand

All coming on our screens next year for sure.

XJO Value at posting: 6,715.4
2 Upvote

0 Great analysis

Reply

Top Stories

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

VUL

Vulcan appoints investment bank and M&A veteran to board

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

There are more pages in this discussion • 11 more messages in this thread...

First 6 Last

Add XJO (ASX) to my watchlist

SPONSORED BY