Post by
filoux004 on Nov 09, 2021 4:19pm
Gents and Ladies
I hope come Thursday every body is civil, polite and humble... These markets have gone into deep freeze in the last three months and quite frankly with no more macro catalyst on the horizon the party may be over for many years. Central Banks will embark on tightening of rates, the infracture bill has been passed . Money flows into the equity markets are going into hyper cautious mode. Why? Simple answer those portfolio managers most of whom are closet indexers want to protect their multimillion dollar salaries, not the time to swing for the fences anymore..we may going back to 7-9 annual returns as the norm. Gday
Comment by
HonestAl on Nov 10, 2021 2:33pm
Filoux004, my money is on anarchy! Great/good results and poor results alike will result in anything but "civil, polite and humble...", based on the past while. There will be gnashing of teeth, lots of "$11 here we come" or "$1.50 here we come". THe margin for error is minimal so Management better have their game faces on.