I'm not sure if any gains will be maintained. US data released over the last few weeks are suggesting US GDP will be near ZERO for Dec Quarter last year!!!. Add to that the war and US consumer confidence expected to fall 10 ticks to 70 area will spell doom for the markets over the next few weeks. I expect a retest of the October lows as the hangover from Xmas sets in.
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- whats with the increase - rerating!