XJO 1.29% 7,861.2 s&p/asx 200

30/1 Indices, page-508

  1. 10,603 Posts.
    lightbulb Created with Sketch. 1241
    Its not crazy bullish at all. We are at the bullish end of the Presidential cycle and Democrats would want a high stock market or lose confidence from corporate America this means a more business friendly environment leading into 2024. The second point one expects the markets will only rise 10% from here at maximum. As January goes so does the year and annual rate of return for stocks is 12%. So simple mathematics suggests we are 20% away from hitting 9k. I think it will happen and perhaps sooner than most expect. So many great businesses are still on sale.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.