Gemma Dale

speaker
925 appearances 2 recordings 2 series first heard Jun 2026 last heard 18 Jun

Gemma Dale’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 2.

Appearances

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So that is a 12% move in one day.
It just happened in both directions.
That's volatility.
So we talk about a volatile market.
It's not that volatile, is what I'm telling you.
And so when people talk about buying the dip now, they're relatively small dips, but people are buying them consistently because the market's not that volatile, right?
The market, it's quite resilient, bounces back really quickly.
This is the 10-year chart of the ASX 200.
I'm describing everything I'm talking about.
And it is what you want a chart to be, bottom left to top right.
It's not a straight line because there's a big sharp drop during COVID.
There's another sharpish drop in 2022 after everyone realised they'd gotten a bit ahead of themselves post-COVID.
Yeah, yeah, all the things I got a bit carried away about.
A bit of a pullback with Liberation Day and then a relatively small pullback you can see with the straightforward moves closer.
Fair enough.
And then they got you down?
So the only comment I will make about that because I've been around for ages and you have too, the one that hurt people was the GFC.
COVID didn't hurt a lot of people really because it was so short and the market bounced back so quickly.
The GFC was a 55% drawdown peak to trough and it took a year and a half and it took more than a decade to remake those gains.
Those of us who were there at the time are deeply scarred by that experience and we'll talk about it at a different time.
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