RE: Where the next for the share price?12 Jun 2022 12:59
If it startes kicking off in Taiwan, which I think it will, there will be no positives for any Western country selling in China.
Inflation is here to stay (even aggressive US real interest rates are about minus 7%: Inflation of 8% minus 1% fed rate), watch the oil price closely.
A recession is almost definite now, the market realised that yesterday and puked.
I've said all along, that this is all about liquidity. It's reducing rapidly in markets, therefore forced selling. When a company drops 20% in a day, the fund has to sell other things to pay the margin. Bitcoin dropping too, supposed to be a hedge against infation, doh!