WBC 0.68% $33.38 westpac banking corporation

but if we get WAGE GROWTH like the US is starting to experience,...

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  1. 6,881 Posts.
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    but if we get WAGE GROWTH like the US is starting to experience, that could flow to increased INFLATION, than the FED will be forced to raise % rates, if inflation goes up and they don't raise rates, inflation will continue to go up and up and cause people to lose confidence in the US$, than the FED will HAVE to raise rates to kill inflation, therby killing the stockmarket.

    The FED will have a choice keep rates low and have the US experience hyperinflation OR raise % rates and keep inflation under control, BUT crash the stockmarket (because so many US companys are up to their eye balls in debt they cant even manage to pay the interest on their debt let alone the principal) 50% of SP500 companies are in the position.

 
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Last
$33.38
Change
-0.230(0.68%)
Mkt cap ! $115.0B
Open High Low Value Volume
$33.50 $33.58 $33.38 $35.93M 1.073M

Buyers (Bids)

No. Vol. Price($)
7 1421 $33.37
 

Sellers (Offers)

Price($) Vol. No.
$33.38 109 1
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Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
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