I wonder when the ‘buy the dip’ opportunity arrives?
After the “catch the falling knife” trap!
But neither are happening today.
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The Nikkei 225 has more than regained all of yesterday’s dramatic losses.
(Still down on their July 11th peak.)
Australian 10 year bond rate at 3.97% pa but is inching back up. I suspect the markets were just correcting and investors will slowly get back into the market.
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They needed to cool their heals a bit. A deep breath is a good thing.
Technically someone is always catching the knife as they buy in?
I mean two sides to every trade. Its not a trap if the share price is at your buy valuation.
And buying the dip well that depends on velocity too.
There be plenty of dips on the way down or the way up of any highly traded equity. Which is true of all the major indicies?
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It’s an interesting time with the markets. There’s an argument that the world is becoming more unstable with the likely escalation in the Middle East (Lebanon / Iran / Israel) and this could drive up oil prices and shock markets. A possibly systemic event still ahead? Who knows.
It’s been a nice breather for markets. A needed one. However I don’t know if this is a necessary correction or a pause before a larger systemic event in the future. Nobody really knows.
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Theres a massive bubble in AI. That will impact the broader us economy I think when it pops.
NVidia is selling the shovels at a 3 trillion dollar plus valuation. But it will not play out as a big win for every data rich organisation.
Only those with unique data and in the right postion to commercially exploit it.
AI is like the dot com boom, its not all built on financial results(yet)
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Maybe. US, Russia and the Saudis are the big 3.
Canadas reserves are decent too.
I think the Ukraine war with grain on one side and petroleum on the other is of greater concern. Obviously though yes the world wants Israel to take a ceasefire
Most of the (known) oil left in the ground is off the coast of Venezuela.(afaik)
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Also you can imagine the strong arm tactics the Yanks are using against Venezuela.
More oil than the Saudis left in the ground.
Yet the people are kept dirt poor.
I mean with Trumps campaign can you imagine him being able to have this stance with a straight face re: changing the law?
Yeah maybe.
Id be suprised(and think its the wrong move) if we cut too early.
I think the RBA will want to tighten the spread between the federal reserve and our cash rate.
We would have to have really crummy jobs news