A quick glance at the US market whose EOFY is on September 30th shows that the tax man has relatively little impact on the core indices themselves with moves far more noticeable under the hood, although both the ASX200 and S&P500 do appear to fall for the last few weeks of their respective financial years.
MM is bullish the US S&P500 short-term but cautious further ahead
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Source : EquityClock.com
