My question relates to what the CIO below has to say in today's Age Newspaper: More what he has to say in last two lines. Just interested what our more knowledgeable followers thoughts are. 'Chief investment officer at Atlas Funds Management, Hugh Dive, said general macroeconomic concerns tended to have a bigger impact on markets during January because many companies were in a blackout period. He predicted company-specific news would have a larger bearing next month, as the corporate earnings season took place. “Where companies show that their businesses are being hit by inflation, their share prices will continue to fall,” he said. “But where companies show that it’s not having much of an impact, they will rebound.”'
LYC Price at posting:
$8.92 Sentiment: Buy Disclosure: Held
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