TOPIC:

Nothing but red on markets across the globe. Black Tuesday? Are we heading for a recession? You Trump haters with healthy share portfolios better start praying for Trump to be victorious in November. What's triggering this? China or the pending full on war in the middle east?

China's economic meltdown.Middle East,cost or energy.High interest rates.
DJT is right when he saids nothing compares price wise to beautiful clean coal,lol.
Latest data out of the Usa not looking good.Retail spending dropping quickly.Manufacturing lower than Covid Era.Unemployment far higher than forcasts.Business investment at 20 year lows.Job growth hitting a brick wall .
US Fed will drop interest rates 3 times before xmas 2024.

Yes my super has taken a nasty hit and I am running out of work years to recover. We are back to where we were in May.

Markets going well before without Trump , we don't need him and Vance and their economic dunce policies.

Interest rates have cooked the markets and the cheap capital is not around, sooner they come down the better.

Just hope the local RBA halfwits don't sit on hands for months waiting to cut.

Bond yields a sea of red this morning so cuts on the cards.

Interesting with a Queensland state government election approaching.
The current government has a policy.To open up State Government owned Petrol Stations.Starting with 12 metropolitan stations.And expanding to rural areas to 24 Stations.
When you talk about the high price of inflation.Theirs not bigger crooks than Multinational Oil Companies.

Remember the old ACTU Petrol Stations.