Follow-up update form the post http://jimmytradingroom.blogspot.com/2022/02/rba-likely-to-raise-cash-rate-four.html
Follow-up update form the post http://jimmytradingroom.blogspot.com/2022/02/rba-likely-to-raise-cash-rate-four.html
Follow-up update from the post http://jimmytradingroom.blogspot.com/2022/01/gold-daily-price-actions-analysis-look.html
The Reserve Bank of Australia could raise interest rates four times in quick succession late in 2022 given the current upward trajectory of the economy, according to economist John Edwards, a former member of the central bank's policy-setting board.
– Jeremy Grantham,
Co-founder and Chief Investment Strategist of Grantham, Mayo, & van Otterloo (GMO)
"From an investment perspective, the picture to me is clear. Hedge long-biased equity exposure and/or raise cash. When the market reverts to the mean (the dotted blue line), that is a point in time when we can expect average nominal returns in the +/- 10% range. If you are sitting on a lot of cash, remain patient. The average trend line is around 2,500 in the S&P. That’s a pretty good target."---Steve Blumenthal
My Key Take-Away From This Powerful 96-Years Return History For Common Stock Charts: