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gbsurfer Private ID: 151366058
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    $CommBank (CBA.AU)$ Today, the wind of market sentiment shifted once more, favoring the Banks over the miners, a pattern that seems to repeat itself with some frequency. This got me thinking about how such fluctuations are not unique to the financial markets but also impact businesses' operational strategies.
    For instance, the idea of replacing client service staff with AI bots poses a significant risk, in my opinion. Personally, I dread interacting with automated systems when contacting my bank...
    Our markets just ignore all the warning signs and keep bidding up already sky high valuations.
    Its bizarre what’s going on right now
    gbsurfer liked and commented on
    Thank you for the block orders.
    Making money is all about the market, not about ability.
    Goodbye until next time 👋
    $ZIM Integrated Shipping (ZIM.US)$
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    huh? Chose not to over pay for Anglo. The Filo deal is right in BHP's wheelhouse: large scale long life mine for one of the pillar commodities.
    And in case you hadn't noticed Iron Ore and Copper are off their highs. As a commodity producer BHP is a "price taker" and commodities are cyclical businesses.
    BHP is a long way from being a "dog".
    My 2 cents, ymmv, dyor. $BHP Group Ltd (BHP.AU)$
    yup.. really sorry to leave.
    only did so because the dividend yield was so low due to stratospheric share price.
    i m not sure I have 10 years left in me, so dividend yields now drive my decisions. Mainly VHY..indexed so, average all around, but diversified and thus derisked.
    I still hold $Westpac Banking Corp (WBC.AU)$ and $ANZ Group Holdings Ltd (ANZ.AU)$ … neither fill me with joy but at least the yields are still north of 5%.
    I still watch CBAs price rises with glee..nothing makes me sleep more...
    Not sure what the div will be. Seen media/news from both GS & Citi saying it will be cut a bit. Even so, should still be pretty good.
    In the last 3 years, $BHP Group Ltd (BHP.AU)$ has made lows around this time and rallied from November onwards. I'm prepared to hold for that post-Oct pump and collect my juicy divs through to March next year.
    While the central bank is not expected to hike rates, it is still expected to put up a hawkish stance, given that Australian inflation remains relatively sticky.
    Governor Michele Bullock is likely to flag high-for-longer rates during her press conference after the meeting, and is also expected to provide an updated forecast for the RBA’s outlook on inflation.
    Australia’s Q2 headline CPI inflation was in line with market expectations at +1.0% q/q and +3.8% y/y
    The big surprise was trimmed mean inflation of ‘just’ +0.84% q/q, which was well below consensus for +1.0% q/q
    Yes inflation is still high, but the interest rate decision is based on BETTER OR WORSE vs RBA expectations.
    $S&P/ASX 200 (.XJO.AU)$
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    Woodside Energy $Woodside Energy Group Ltd (WDS.AU)$ on Monday said it has entered a definitive agreement to acquire US-based Tellurian $TELL.A including its owned and operated U.S. Gulf Coast Driftwood LNG development for an implied enterprise value of $1.2 billion.
    $BHP Group Ltd (BHP.AU)$ 's  comfort zone is remote from farms and towns. There has been a lot of resistance to a mine from the locals over the years. I'm sure many copper producers have kicked $RXM's tyres over the past 15 years