XJO 0.18% 8,300.2 s&p/asx 200

penny & maxi's - cheeky old flames - friday, page-60

  1. 6,485 Posts.
    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)
 
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