The thing to remember, there is a sea of liquidity out there (most G7 economies have +10% m3), and it has to go somewhere, it not going under matresses, its not going to stay in bonds for long, so where does it go?
All these fund mgrs need a return or at least be in front of the "reported" CPI. The first hint of a decent correction in oil and lull in US financial wo's will see a massive influx into equities IMO.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |