Financial Planner said and I agree...
"that sentiment is so poor right now the risk premium incorporated into valuations on the XJO is unrealistic. The US indices seem overvalued to me though - can't really reconcile the disparity between the 2. I think despite the volatility in the short-term you'll continue to see a rotation into industrials from resource stocks. Primarily a function of our falling AUD."
- Some of our stocks are screaming buys, but they were also screaming buys before the recent collapse....crazy markets......be patient.....be selective.
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