Why is it that on the one hand im always hearing how the 'worst is priced in' to equity prices, yet continuously data is coming out that is 'worse than expectations'?. Something doesnt make sense here, are they just surveying the wrong people? And it bothers me that coming into US reporting season, analysts may still be too optimistic with earning projections which will only cause to extend the malaise that we are in for that much longer.
Ok, rant over.
Back to markets, if the FTSE can fall to 4400 cash ahead of interest rate decision, may be good entry for long bounce on any possible 75 or 100 basis point cut by BOE.
thursday trading, page-102
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |