Captain Nemo wrote on Sep 7^th, 2022 at 10:06am:


My prediction that the All Ordinaries would drop to 2019 levels has come true (There you go freediver) ... 6,959.30 today, closely compared to 6,948.00 25 Nov 2019

freediver wrote on Sep 7^th, 2022 at 5:42pm:


There's not a lot of confidence around FD, you'll be lucky if the All Ords doesn't drop to 2018 levels in the coming weeks. Only over-priced stocks and false optimistic government promises will keep it out of the danger zone, for a while

freediver wrote on Sep 7^th, 2022 at 8:48pm:


It's your turn to make a prediction, let's see what you can come up with

The Australian market is a little bit more shielded than the US Market or the UK Market, but it's useful to look at the Dow and the NASDAQ because of the sheer size of the market. Apart from that, the AUD will fall because of the global uncertainty. It always does. So some of our exports will become more competitive.  I agree that Australian Shares will do better in the medium term.  It's possibly as good a place as any to weather the storm, if such a  place even exists. I wouldn't have said that even two years ago.

Inflation is predicted to hit 7.75% by the end of the year.  Contrast that with the UK or the US, where it's already 9.1% and predicted to hit 19%. Not good for house prices.

It will be third quarter 2023 before the volatility settles down.  The Russian/ Ukrainian issue is likely to run out of steam, and the pandemic is already starting to ease, although long Covid will have a continued effect on  the workforce. Already we have 4 million people in Australia absent at any time due to the symptoms of long Covid. It has been affecting supply chains for most of the year.

I predict another disaster (probably floods) this coming summer. I think it's a highly credible risk anyway.

The last 1 Posts were moved here from Finance and Economics by freediver.

freediver wrote on Sep 8^th, 2022 at 7:55am:


Ha! The question remains :  will it go MORE up or MORE down? And which parts of the share market is more vulnerable to such fluctuations. International? National? Which types of commodities are affected? Note: I personally don't like stocks and shares. It's all too illusory IMO. The real estate market isn't.

Interestingly enough... the real estate investment market itself kinda sorta functions like the stock market in that IF the market goes down one immediately examines exactly where. Regional? Urban? Residential? Commercial? Land? If urban then which urban area? Sydney? Melbourne? Perth? Even at that level of scrutiny one needs to take a closer look at specific LGA regions.

IMO....you'll do better investing in real estate. Just be careful WHERE/HOW you invest ie carefully consider what type of property you buy, where it's located and what type of mortgage you take out.

random wrote on Sep 14^th, 2022 at 9:38am:


👆 pretty much nails it (for me anyway).