Love to see DOW break 30k next three months just for the lols.
Anyway - market is looking 3=6 months forward those who are investing now are investing to get a return within 12 months. So market has always been forward looking.
Low interest rates
Liquidity is just out of control
Headline trading (vaccines, fiscal policy etc)
What we know the worse the economy gets the more liquidity the market will get. Credit markets havent frozen up so its easy to borrow and circulate money.
Is it justified? What is ever justified in the market? long term trend 50 years is up and not much of it has made sense.
Tuesday, 19 May -- ATH, page-73
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,057.9 |
Change
58.600(0.73%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,999.3 | 8,083.7 | 7,999.3 |
| XJO (ASX) Chart |