The ASX200 has felt weak compared to the FTSE over the last year but when we stand back and take a look at its relative performance before & after Covid its simply reversed the major outperformance enjoyed over the last 18-months when both our banks and resources were strong i.e. the relative performance between the ASX and FTSE has simply snapped back towards more common levels.
- We believe the ASX and FTSE are likely to move back in sync even though we now have some degree of political stability in the UK.
MM likes both the ASX & FTSE short-term
Add To Hit List
