|Date Registered||21-09-2015 02:43 PM|
|Date Last Visited||Tuesday|
|Total Kudos Received||28|
Shares remain vulnerable to a short term pull back as sentiment towards them remains very high. However, we see share markets trending higher over the next 12 months.
The risk of a short term consolidation or correction in shares remains as sentiment towards them remains very high.
Shares remain vulnerable to a further correction/consolidation in the next month or so. However, we see share markets trending higher over the next 12 months.
Shares have a very solid rally since the election of Trump in November on expectations of a lift in growth and inflation in the US & and the flow through to other economies.
Shares have experienced their traditional Santa Claus rally over the Christmas/New Year period.
A shift in the interest rate differential in favour of the US as the Fed remains on its path to hike rates should see the long term trend in the $A remain down.
Shares remain overbought and are vulnerable to the Fed meeting in the week ahead.
Shares are now overbought & due for a pause and event risk could cause short term volatility
While the US election is out of the way event risks could still cause short term volatility in share markets with policy uncertainty remaining high in the US.