I will admit one month means little. But the US economy was expected to add 180,000 Jobs in February. It added 20,000. Salaries went up and unemployment went down, so people are not being let go. This has happened before only to quickly recover so nothing to be concerned with, yet. It is something that should be watched carefully. China and US are the two economies fueling world growth right now. If either slips it will not be good.
If either slips commodity pricesin general will plunge. Reo will go down as well how much is not clear. If less aluminum, glass, plastic and iron is being used to build cars, appliances and buildings. Less PMs will be needed as well.
Interesting read, page-13
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Last
$6.88 |
Change
0.100(1.47%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.81 | $6.93 | $6.74 | $19.63M | 2.851M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14245 | $6.88 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 157125 | 9 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
