Like KTD, those record highs are over bought and will have to come back down.
Something that's well documented by analysts, with many large funds reducing their exposure to equities.
The american drama, will have severe impact here (as it will in all industries) and it won't be positive as evident any time tension builds global markets sh1t themselves.
Edit: also i'm not sure if you're following a2m with key management liquidating their holdings... Always positive for dairy companies when one of the market leaders isn't optimistic about their future