True, other factors will play a part, but the above play is coming, other factors will be more fuel on the fire.
US housing is crashing on 150% gain in mortgage rates.
US consumer is maxing out credit cards
US consumer personal savings is sinking hard
Powell might be fighting 8% inflation, but he is laying the scene for a swing to horrible deflation, and that is the one thing central bankers must not have. BRRRRR will result. Think March 2020 lift off!
True, other factors will play a part, but the above play is...
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $74.44M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.6¢ | $112.2K | 2.396M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 272922 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 217391 | 1 |
View Market Depth
| Last trade - 15.44pm 26/06/2024 (20 minute delay) ? |
| IVR (ASX) Chart |