yep bit hard to make sense of what is happening. prior to the pandemic l was expecting interest rates to eventually reverse, inflation to kick off, bonds to tank, equity bull market to end, a flat period in equities, followed by a fall.
it is possible that we are back in the bull market, supported by irrational exuberance, and that the "crash" is a dip??
if we have slipped back into the bull, next year there may be a vaccine, the market will then make all time highs after this, eventually inflation must occur, interest rates must rise, then there will be a break on equities.
who knows, the only certainty is uncertainty?
Wed June 3 - The pain trade, page-101
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |