Australian (ASX) Stock Market Forum

US Election 2024 : Stock and Economic Comment

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It's not too late to get out of aus. You should have done it months (years) ago but it's still not too late. Deglobalisation is not a trump-exclusive thing. Trump is accelerating it yes but he's just got his foot on the throttle harder than the democrat equivalents would have.

The only difference is that the democrat version would be a bit slower and better organised. Republican version is faster and more chaotic.
 
Here's chinese markets included:

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That uptick at the end was in response to the ridiculous (absurd) round of stimulus measures announced by the chinese government a couple of months ago. Remember that stimulus for markets is like stimulus for humans (caffeine for example): It's only a temporary bounce and things WILL return to their long term trend once the drug wears off, the only difference is that you'll have a really steep crash to get back there. Stimulus only increases volatility, it doesn't do a damn thing for long term trends, it's just used by governments trying to stop things going bad on their watch.

This decline (collapse) of china matters because of how much of australia's economy depends on trade with china and india is not going to be a good substitute for them because india is so much more self sufficient, the indians don't need nearly as much iron ore, zinc, copper etc because they have so much of their own.

For anyone only seeing me post in this thread, I've been waxing lyrical about this over in the inflation thread for literal years now.
 
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