China wont be dominating the Rare earths, battery and graphite markets anymore at some future point as the west continues to source elsewhere. Then theres deglobalisation....
As @roulette mentioned above, Australia has had no recession over 27 years (skipped 2 cycles), the stock market hasnt crashed since 2008 (skipped one cycle). You cant just skip a cycle without paying for it later.
So last night Powell says "We might have a rate cut in September" and the Nasdaq loses its marbles.....ha ha. They just never learn...he keeps giving teasers like this, but fails to deliver. No cuts till 2025 at least I reckon. Unemployment levels @ ~4% not bad enough to spook investors yet
Thats a funny stance he is taking. I hope his photos aren't being doctored? After All,, he is called "Chair" Powell for a reason.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16430
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8,193.4 |
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| Open | High | Low |
| 8,255.6 | 8,255.6 | 8,139.1 |
| XJO (ASX) Chart |