totally agree
its the old adage about fear and greed
ATM its all about fear and capital preservation
but soon investors will be bored with near zero returns on fixed interest products (US Tbonds etc) and greed and an appetite for risk will return.
recessions and market cycles come and go
AMU is a survivor
Worldwide massive stimulus packages will eventually kick in and this infrastructure building will be energy and raw material intensive imo
we are already seeing tentative signs of improvement
Oil traders are starting to move ships that have been holding storage for some time due to the POO contango, Baltic shipping index has moved strongly off its lows
Markets of all shapes and sizes generally correct too far (in both directions)
I am not saying it will be smooth sailing from here but i am cautiously optimistic and bear in mind that stock market is a forward looking beast
Those that have the balls for investing wisely now will be rewarded in multiples in the long run imo
AMU not really a traders stock, it is a keeper
totally agreeits the old adage about fear and greedATM its all...
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