You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

31 July 2019 (TheAge) – Buyers beware as Australian sharemarket finally breaks records

(31 July 2019, The Age, Business, p31, Elizabeth Knight, Business columnist)

‘It’s taken 12 long years for the Australian stock market to recover from the punishing effects of the global financial crisis. The champagne set aside for the celebration is now vintage. The market has been flirting with a break-through for weeks and while the desire for cork popping is understandable the market should be accompanied with a warning: caveat emptor. The quality and sustainability of this market is not guaranteed. But still there exists an excess of optimism – euphoria – even greed that appears to be in control of the market right now.’

Read more at TheAge.com.au

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: