As a foil for Martis, we should get someone in from Birinyi Associates Inc in the States who said today about the SPX...
"The U.S. equity gauge has the potential to reach a record high of 1,700 this year if economic growth surprises investors the same way falling bond rates did in 1995, Birinyi Associates Inc. said. Reaching that level would mean a 24 percent rally from yesterday’s close of 1,374.09, data compiled by Bloomberg show. "
PS - My disclosure changes to none, as I was surprised today by the S&P rerates. Nobody is speaking to me on the stock thread......so
How does a major earner with an MC of 340m get replaced by a spec biotech with an MC of 228m. (ASX300 apparently)
penny & maxi's - cheeky old flames - friday, page-60
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