I tend to agree finch2, it's going to be a long slow grind in terms of economic growth now and I include the developing nations in this outlook.
I also believe people largely have unrealistic expectations of their investments, in particular equites.
Low steady growth is what is required now in order to steady the global ship in my humble opinon.
China may indeed actually have to single-handedly bail out both the US & more importantly, Europe?
That said there are in my view plenty of undervalued small caps ripe for the picking on our market.
WC8
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- be greedy when others are fearful
I tend to agree finch2, it's going to be a long slow grind in...
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