Hi buena suerta
Yep a tough time for the global markets, as we know the major US indexes have turned over, there is a lot of uncertainty in the markets.
I follow " global markets" not just stocks, but Bond markets, FX markets, commodities and more.
I am watching the Bond markets very carefully (these are many times larger than global stock indexes), the global bond markets appear to be moving into disarray, so regardless of central bank efforts interest rates are largely controlled by the long end of curve (long term) bonds.
Interest rates on bonds are moving up and prices are getting smashed.
High interest rates will thus be locked in long term, central banks can do nothing, investors and funds are beginning to shun Gov't debt, and most Gov'ts have steep debt piles, which will become more expensive for them to service.
This is a problem, but a possible positive here is that some sectors of stock markets may become more attractive to funds and investors who are exiting Gov't bonds. In the meantime the US dollar is killing all other currencies (as the US 10 year bond approaches 5%) right now, gold is not far off launching.
It's great to have the ann. regarding Akida mark 2, IMO this will open many doors and create the platform for the income we all await, just on 8 years of waiting here now for me, so a few more months might not seem such a long time, but I really want to see/hear some good news soon.
As a good number of you know I am here a lot - but don't post much these days. So I stay up to date with most developments, and thinking about direction of BRN from all the various posters here, I have to say that it has been disappointing to witness some of the friction here recently, as it has also been disappointing to see the S/P of BRN in the gutter.
But it has been a tough time and obviously very stressful for some here, I can relate to both sides, so I don't want to sound like a virtue signalling type at all, but try and be gentle with each other - I value many contributors here and it's disappointing to see the polarization of views drive divisiveness. In the meantime the instos and their bots continue to wreak havoc with S/P, but for every seller there is a buyer and the buyers are largely the instos I guess and a few retail opportunists who are entering or accumulating.
I do think BRN could make "non" price sensitive anns. about things like working with Global Foundries for instance, they have made a lot of progress with building out their eco system over the last year or so and I think a good number of achievements there could have been put on the ASX, I believe this has been an opportunity lost, so I want BRN to lift their game on that
Going back to global markets, my view (which I have stated in several posts now) is that things could get challenging, and that certainly informs my want to hear/see good news asap, the sooner the ball gets rolling here the better, if I had a more positive view of where the global economy is going, then I would not feel as concerned, because IMO Akida is a killer disruptive tech, and in a normal world it would be a no brainer, but for me time is now of the essence, so go BRN.
It goes without saying, that I would be much more than happy, if I was completely wrong about the direction of global markets
Still getting over the LIons not getting over the line last Sat. but that's another thing, it was a great match all the same.