That's financial jargon to describe a steep drop in the ASX200 index from its August 13, 2021 record closing high of 7,628.
Danielle Ecuyer believes the Federal Reserve will "go as hard as it can" to quash demand in the US economy to lower inflation. That is, with all the uncertainties out there in the ether, there is one rock hard certainty – inflation must be brought to heel. There's no way around it.
. BUT... If a company had a PE of 8x just last year, and their sales don't decline too badly, then their lower share price make their PE even better at 4x or 5x. That's a yield of 12-15% often 100% fully franked. Oh yes it is. Oh yes there are. $ADH .
Different? And the crystal ball says? The calm before the storm? One thing is certain..Superannuation will again take yet another major hit compatible to the financial collapse in 2009 even. Two steps forward one step back scenario and stagnating since the start of the pandemic.
I don't care Doesn't affect me.