Average expected return on industrials in the upcoming year is 2% on average.
Where do you think most people will park their money?
The fund managers have no choice as they are in too deep to sell and it would only create a panic.
Market will go lower expect the ASX to be 4000 points by Christmas!
Good luck LONG's but macro sentinment will kill everyone in the following 6months.
Short the Aussie above 96 as its the only safe bet now.
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Last
8,773.5 |
Change
28.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,745.2 | 8,821.0 | 8,745.2 |
| XJO (ASX) Chart |