Interesting point raised by Gary Glover on youtube yesterday.
ie: what the markets are telling us about inflation right now ?
Need to go back to 1970's to see the similarities.
The following slide shows which sectors did well in the 70's during very high (inflation / Interest rates).
We are seeing similar advances in Energy & Precious metals.
What is not present right now is the high annual changes in CPI's.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-15353
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,726.3 |
Change
-23.400(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,749.7 | 7,751.8 | 7,718.0 |
| XJO (ASX) Chart |