The Match Out: ASX loses steam as reporting starts to wind down
The ASX lost some steam today and as we penned this morning, we believe the market is starting to feel tired after its 25% advance from the April lows.
Xi Jinping’s pledge to revive growth is gaining traction even though the latest promises from the Politburo were very skinny on detail/specifics. The sceptics will point to the previous busts of optimism failing to follow through and stocks eventually slipping lower but we believe the tone is the key to the latest rhetoric plus the recognition of the challenges that lie ahead which combine to be bullish in our opinion.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.