I also agree the sharemarket follows the real economy
Since April the sharemarket has gone down and the Sydney property market has gone up
so if you bought a $1m house it would be worth $1.2m and if you had $1m in shares you would have 800,000 dollars now
There is a difference in the integrity of the market, there are lots of areas that are not well governed and even in a good economy you might find a more honest and relaible thing to invest in than the sharemarket
way oversold, page-28
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Last
$131.97 |
Change
0.310(0.24%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $132.75 | $133.30 | $131.90 | $96.47M | 727.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 404 | $131.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.99 | 100 | 3 |
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| CBA (ASX) Chart |