Australian (ASX) Stock Market Forum

Inflation

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JohnDe said:
Maybe Taco Bells. I haven't tried their food, I presume it is Mexican takeaway. I don't mind some Mexican food, pretty healthy when made fresh. Collins Foods to pause Taco Bell roll out in Australia
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interesting , since the apparent shift away from Sizzlers i would have thought Taco Bell the next logical selection for anyone remotely nutrition conscious

BTW back a while ago Collins foods ( in Australia ) operated several different food franchise chains , i no longer pass their QLD HQ so am not u to date on their current brands
 
It's essentially a 50-50 shot at a 25bps hike v. pause at the FOMC meeting. CME Fedwatch tool predicting cuts likely to start in June!

Someone should go ahead and start a 'Recession 2023' thread
 
waterbottle said:
Goldman Sachs now believes crude won't be able to break 100 this year..... deflationary....
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Fracking has made a comeback of sorts apparently, and Biden wanted WTI at $70 to restock essential supplies.
I'm guessing cheaper oil should flow into lowering CPI eventually (it's not a direct affective, I believe), but not soon enough to assist in current situation. Will just provide cheaper fuel bills so we all have more money to spend again...?

Interesting 6 months ahead.
 
frugal.rock said:
Fracking has made a comeback of sorts apparently, and Biden wanted WTI at $70 to restock essential supplies.
I'm guessing cheaper oil should flow into lowering CPI eventually (it's not a direct affective, I believe), but not soon enough to assist in current situation. Will just provide cheaper fuel bills so we all have more money to spend again...?

Interesting 6 months ahead.
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The other thing to remember is that it's priced in USD and the USD is the flight to safety so everything USD denominated is dumping
 
over9k said:
The other thing to remember is that it's priced in USD and the USD is the flight to safety so everything USD denominated is dumping
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It seems like we are at a very critical point in time, things are teetering. Technically, we've seen a correction already, however if it keeps running it's looking like a 2x correction overall. A double banger.
Fungers crussed it settles.

I see the money going into crypto, gold, silver, yen and EU stuff.
Russell 2000 having a rustle, gives me a little hope, but don't the yanks want the dollar lower?

All the agendas seem to be rallying for traction, Petro dollar failure, collapsing the USD in favour of BRICS or whatever (yuan), banks, bonds bashing, equity bashing, add them all up.... US economy down the tube?
Or are the bargain hunters of the world going to save the day? ?
And where are we at with the green crusade. I'm taking a hiding on a lithium stock, one of many down.
 
waterbottle said:
Is this a flight to safety or a flight to bitcoin?
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what is ' safety ' is it like beauty ( in the eye of the beholder ) ???

gold ( held close and personal ) does nothing ( everything else implodes around it )

will bitcoin still be accepted as an exchange token in the new economy ( i don't know )

reducing debt unless you are very well connected looks like good idea ( not everyone is a billionaire customer of a Californian bank )

first step is to watch and see if this is another K-shaped recovery ( i think they will try hard for this outcome )
 
frugal.rock said:
It seems like we are at a very critical point in time, things are teetering. Technically, we've seen a correction already, however if it keeps running it's looking like a 2x correction overall. A double banger.
Fungers crussed it settles.

I see the money going into crypto, gold, silver, yen and EU stuff.
Russell 2000 having a rustle, gives me a little hope, but don't the yanks want the dollar lower?

All the agendas seem to be rallying for traction, Petro dollar failure, collapsing the USD in favour of BRICS or whatever (yuan), banks, bonds bashing, equity bashing, add them all up.... US economy down the tube?
Or are the bargain hunters of the world going to save the day? ?
And where are we at with the green crusade. I'm taking a hiding on a lithium stock, one of many down.
Click to expand...
The only things I'm even thinking about are energy & gas. I'm even waiting to pull the trigger on a few value plays with coal companies here in 'straya.

It doesn't seem a coincidence to me that all the euro, asia etc both markets and currencies are dropping like a ship from heaven whereas the USD keeps pulling and U.S markets remain relatively (relatively) stable.

All this carryon I read about the petrodollar collapsing, crypto being a flight to safety blah blah all strikes me as exactly that - carryon. In fact this whole "GFC round two" narrative is probably the only reason why gold has been pulling as hard as it has as the GFC was basically the only time in decades other than the great depression when gold was actually a good play. I mean ok yeah we have crypto this time sure but this idea that the USD is going to collapse just strikes me as ludicrous - when the USD starts dumping compared to other currencies I'll give it even a sparrow's fart of credence (and even that I think will be pure narrative) but until I see that this all strikes me as market panic/narrative driven flipouts/idiocy. The idea that bitcoin/crypto is a defensive play even more so.

But hey, if the narrative is driving a pump then by all means, get on it. If you have the balls that is. I don't think it has legs at all. You need only look at the demographic cliff and economic precariousness of basically the entire rest of the world to understand that longer term, the yanks are holding basically every card they need to - food secure, energy secure etc etc.

This cannot be said for basically everyone else. Hell, europe's practically being brought to its knees by a lack of gas, and that's just one thing. Imagine an oil or food or coal or nuclear fuel or microchip or whatever problem (or two) on top of it.
 
waterbottle said:
It's essentially a 50-50 shot at a 25bps hike v. pause at the FOMC meeting. CME Fedwatch tool predicting cuts likely to start in June!

Someone should go ahead and start a 'Recession 2023' thread
Click to expand...
2345262464256243564325764576324576.jpg

Markets becoming less convinced of a pause by the minute.
 

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