NXT 0.76% $6.59 nextdc limited

Macro View

  1. 74 Posts.
    lightbulb Created with Sketch. 70

    I came across this video today. Though it isn't related to NXT specifically it gives one of the best insights into the macro-economic conditions we can expect.


    https://www.bloomberg.com/news/videos/2018-12-18/druckenmiller-says-even-at-these-yields-i-like-treasuries-video


    Summary 

    • US and world economy is slowing 
    • Interest rates in the US will come down which is good for capital intensive datacentre providers 
    • Treasuries and Growth stocks are where you want to be - PE's should expand as return on bonds and cash comes down
    • Cloud companies are in early phases of growth with several years to run
    • Mild recession further supports move to cloud as it can help with cost cutting measures 
 
watchlist Created with Sketch. Add NXT (ASX) to my watchlist
(20min delay)
Last
$6.59
Change
0.05(0.76%)
Mkt cap $2.253B
Open High Low Value Volume
$6.62 $6.64 $6.53 $6.840M 1.036M

Buyers (Bids)

No. Vol. Price($)
6 54972 $6.59
 

Sellers (Offers)

Price($) Vol. No.
$6.60 5569 2
Last update - 16.10pm 18/01/2019 (20 minute delay) ?
(live)
Last
$6.59
  Change
0.05 ( 0.67 %)
Open High   Low Volume
$6.58 $6.64   $6.53 290079
Last updated 15.59pm 18/01/2019 (live) ?
NXT (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.