https://www.theguardian.com/business/2023/sep/27/australia-august-inflation-rate-cpi
Australia’s CPI rose to 5.2% in August as attempts to tame inflation falter
As I said earlier interest rates to rise IMO is no way we or the US are done with rate rises. Going higher for longer never been more true. So looks like we get a relief rally here? Time to suck more retail bulls in? Smart money has been selling for a long time so only dumb money (retail) is buying here? Like I said we just way too bullish with the markets now a haven for gamblers jumping on the backs of market makers who they think want to make them quick short term gains?
Never ends well. Good luck all.
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