Indices: Australian ASX 200
The ASX200 fought valiantly on Tuesday to finally close up +0.4% on tentative buying and a strong lead from US Futures during our day session however it needed a bounce by the Resources & Energy Sectors to lift the nervous market which still saw the losers outnumber the winners. As subscribers know we increased our exposure to stocks yesterday – I apologise to anyone who didn’t receive the SMS notification, we’re confident this issue will be resolved by Friday:
Our road map for bonds & equities remains on track into Christmas with investors’ resolve being tested as the economic news gets more challenging by the day. However we must remember for the local index to test its June low and bonds yield to make fresh post COVID highs the news always needed to be challenging, and the bulls could easily argue that considering what’s been thrown…
Really bullish, there's more to go in the reflation rally
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