I call the floor.PE's almost at all time best, enterprises awash with cash and well,fundamentals really.Unless one suscribes to 'the end of the financial world is nigh'of course.
The ONLY risk on the horizon for moi,is when the USA raises interest from zero.Which they will do as sure as night follows day.
Zero interest rates? Non recourse loans? Who would have thought from the Powerhouse of America.
The Chinese,I am sure would like an roi sometime.We as Australian equity investors will be sucked up into the vortex.Do not be short when it inevitably happens.
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