Could OPEC be in breach of WTO rules? If not, then the rules need some revision.
Seek penalties for this situation from their members. :)
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Could OPEC be in breach of WTO rules? If not, then the rules need some revision.
Seek penalties for this situation from their members. :)
Hopefully oil prices will keep rising. I still have more of tilt in that direction through things like Vanguard's VDE and ishares IXC. I do sell a bit here and there because we all know things can change overnight and no one has gone broke taking a profit.
As long as OPEC remains disciplined and the US government (in fact all governments) continue to discourage new drilling, I'm hopeful I'll continue to get paid over the next three years or so. But seriously, this sector can disappoint so I'm trying not to be too greedy.
Clean water will be the new oil I would think.
https://www.globalxetfs.com/content/...-factsheet.pdf
The underlying index:
https://www.solactive.com/Indices/?index=DE000SLA6Z81
No, copper is, according to Goldman Sachs.
JP Morgan updated their 2022 year-end price target on the S&P 500 to 4,440, which would represent a decline of 6.0% from the current price or about -5% total return.
Lucky that JP Morgan are pretty useless forecasters
JP Morgan have been spot on mostly. Can you fire through a link? Thanks. I have JP Morgan at 4700 year end.
sp 500 4900 my target end of yr.
we are on a roll
2019 29%
2020 16%
2021 26% my pick
2022 35% ? lol
Yep! Nzx is still in negative territory for the year. A few people are being taught some painful lessons about the need to diversify I'm guessing (and no that doesn't mean adding another NZ electricity generator to go with the other two already held ;)
lol nzx a bad yr alright , but to be fair the odd stock has done really well if you were lucky to pick it. nzx was the leading market before this yr. wonder if it leads the rest of the world markets :scared:
Yeah true. I'm still invested in it and will stay invested (16 per cent of investable assets) but no new money is going towards it.