RBA Injects $8.8 Billion to float ASX
- Thread starter 66rounds
- Start date
https://www.afr.com/politics/federal/telstra-sends-20-000-staff-home-to-work-20200313-p549yi
https://www.afr.com/politics/federal/peter-dutton-diagnosed-with-coronavirus-20200313-p549yb
Anything they do at this point is too little too late.
https://www.afr.com/politics/federal/peter-dutton-diagnosed-with-coronavirus-20200313-p549yb
Anything they do at this point is too little too late.
https://www.smh.com.au/business/markets/asx-rips-higher-staging-largest-market-turnaround-on-record-20200313-p549od.html
10% turnaround in last 90 minutes of trading? Keep drinking the kool-aid fellas.
10% turnaround in last 90 minutes of trading? Keep drinking the kool-aid fellas.
Very pertinent comment off the youtube video:
drew sale49 minutes ago
It's strange how the government put $18 bil into the real economy a few days ago and the market dropped like a rock. Then the RBA put $8 bil into the repo market and the ASX jumped 5% in half a day. Anyone would think the banks run the show lol.
drew sale49 minutes ago
It's strange how the government put $18 bil into the real economy a few days ago and the market dropped like a rock. Then the RBA put $8 bil into the repo market and the ASX jumped 5% in half a day. Anyone would think the banks run the show lol.
Krakked789
Well-Known Member
Yesterday I saw the chorus of doom and gloom and wondered whether the markets might punk the short sellers and go through the roof.
Still a lot to play out here, but I wonder if there's a scenario in which we see the Dow go to all time highs this year.
We're living in Backwardsland.
Still a lot to play out here, but I wonder if there's a scenario in which we see the Dow go to all time highs this year.
We're living in Backwardsland.
Yeah, $7.99999B to banks, the rest to small businesses like BHP, RIO, WOW... you know the rest