In the current "stagnating" economic environment people buy cheap pizzas, in a recession they buy frozen pizzas, canned goods and sausages.
Mortgage rates are going to skyrocket" Why? International capital markets getting spooked about Australia, the RBA deciding "now is a good time for a recession", what about the bankers deciding "let's see how high we can pump NPAT before the economy collapses". What is going to make them skyrocket?
Business investment growth is trending up, private sector wage growth is marginally up on last year and looks like it bottomed in Mar 2017, unemployment is slightly up but still within a larger down trend from 2014 and the Feds are opening the "fiscal pumps" across the country for election year. I don't see the necessary conditions for a major downturn here unless China and the US start a "real" trade war, not this fake one.
In the current "stagnating" economic environment people buy...
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Last
$32.60 |
Change
0.010(0.03%) |
Mkt cap ! $2.865B | |||
| Open | High | Low | Value | Volume |
| $32.56 | $32.66 | $32.28 | $5.633M | 173.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 704 | $32.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.61 | 305 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
