Last time markets went too bullishcash flooded the market valuations and caused compliance issues in US and Canada (2017), and priorly in 2012, VanEck adjusted their non-index holdings which in turn tweaked the ratios. The reason I mentioned it, is because there is a possibility of that occurring here if interest rates spike before industrials signal predictable recovery (forcing all the bond monies in precious metals/cash) while markets wait. High QE can cause this type of timeline gaps.
At least that's how I understand it.
Admittedly, I do have an incomplete understanding of all the factors..
Last time markets went too bullishcash flooded the market...
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Last
$1.42 |
Change
-0.040(2.75%) |
Mkt cap ! $1.454B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.48 | $1.42 | $4.497M | 3.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 83756 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 54050 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |