ASX 200 LIVE: ASX to tumble as global rate expectations reset
Shares tumble across the board, tracking Wall Street; Costa accepts takeover bid; APA Group sets emission targets; Chevron strikes union deal; ACCC sues EnergyAustralia.
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Shares tumble across the board, tracking Wall Street; Costa accepts takeover bid; APA Group sets emission targets; Chevron strikes union deal; ACCC sues EnergyAustralia.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Three market experts have cited concern that growing US debt will send interest rates up.Ray Dalio and Bill Gross both pointed out a supply-demand imbalance
"I'm not saying get out. I'm just saying that assets have to go up or else the economy will not do well," Bill Gross said.
"I'm not saying get out. I'm just saying that assets have to go up or else the economy will not do well," Bill Gross said.