AFF Member Stock Discussion

[prozac]

Just heard an expression I've not heard before. Dennis Shanahan has mention per capita recession, essentially where the economic figures do not represent the reality experienced by the population.

 

[serfty]

Just heard an expression I've not heard before. Dennis Shanahan has mention per capita recession, essentially where the economic figures do not represent the reality experienced by the population.

It's an issue caused mainly by the end of "Quantative Peopleing":

‘Record decline’: One ‘dirty secret’ stopping devastating recession from hitting Australia

 

[prozac]

110 point slide on the S&P500 overnight.

Dow Jones also down 1% and oil too. It is said oil is reacting to China, the largest oil importer, increasing EV uptake. I am now watching Woodside for further fall in SP. Low $23 on Monday? Interesting Australian Super Pty Ltd that became a substantial holder on 5 July (5.02%) issued notice it increased holding to 6.14% end August. If you prefer numbers they have 116,634,944 shares!
With projected lower 2025 dividend is this one reason the SP has dropped now it is 'ex'?

 

[cove]

The current economic situation has been clouded by record immigration. If you read Macro Business you will hear a bit more truth than the bs that our political folk are spruiking.
Many citizens are now facing a big downturn in their financial positions.
I do hope the dopey idea of Australia funding some new manufacturing gets blocked as that money would go down the drain.
Buckle your seat belts as the ASX will be heading lower on Monday.

 

[prozac]

The current economic situation has been clouded by record immigration. If you read Macro Business you will hear a bit more truth than the bs that our political folk are spruiking.
Many citizens are now facing a big downturn in their financial positions.
I do hope the dopey idea of Australia funding some new manufacturing gets blocked as that money would go down the drain.
Buckle your seat belts as the ASX will be heading lower on Monday.

Watch that $1b go down the drain. We are going to compete with the world giant of manufacturing solar panels, really! Fantasy Land.

 

[Mr_Orange]

Not such a bumpy ride after all.