21 February, 2012
Short and Sweet: It’s a Bull Market !
As expected progress continues to be made in the direction of a Greek resolution, even the European equity markets are starting to rally strongly, leaving no excuse for the US or Australian markets.
There is only upward acceleration at hand, and at bigger percentages than perhaps any of us expect.
Here is the picture in a nutshell:
Market sentiment has been “global recession” at best. Many feared worse.
Meanwhile actual price action has been steady gains for months, even with the overwhelming doom in the media.
What does this mean? There has been a real “need to buy” in some quarters, just to keep minimal stock portfolio levels in place, as the world has become increasingly awash with capital.
There is a tidal wave of global equity market investment coming that would dwarf even that of the movie 2012.
It is in fact 2012, the movie got it right, but its is a global flood of money that will catastrophically drive equity and commodity prices to all time historical records. In fact many stocks already are at all time historical highs, now watch the rest of the market do the same.
The favoured sectors remain Australian mining companies, and European fashion houses.
We have been buyers on the dip for all of the last two years, as well as having correctly heralded the start of a 5-15 year Grand Bull Market, just two days after the absolute low in 2009. So our long term clients are well set for this, but even if you have just joined us, it is not too late to do very well out of this Grand Bull Market. This next up wave, which is only just starting, will be the biggest of them all, quite possibly the largest and fastest rally stock markets have ever seen.
Do the math, record low levels of investment, a booming global economy, and enormous wealth and cash sitting in the hands of investors wondering what to do with it.
As expected progress continues to be made in the direction of a Greek resolution, even the European equity markets are starting to rally strongly, leaving no excuse for the US or Australian markets.
There is only upward acceleration at hand, and at bigger percentages than perhaps any of us expect.
Here is the picture in a nutshell:
Market sentiment has been “global recession” at best. Many feared worse.
Meanwhile actual price action has been steady gains for months, even with the overwhelming doom in the media.
What does this mean? There has been a real “need to buy” in some quarters, just to keep minimal stock portfolio levels in place, as the world has become increasingly awash with capital.
There is a tidal wave of global equity market investment coming that would dwarf even that of the movie 2012.
It is in fact 2012, the movie got it right, but its is a global flood of money that will catastrophically drive equity and commodity prices to all time historical records. In fact many stocks already are at all time historical highs, now watch the rest of the market do the same.
The favoured sectors remain Australian mining companies, and European fashion houses.
We have been buyers on the dip for all of the last two years, as well as having correctly heralded the start of a 5-15 year Grand Bull Market, just two days after the absolute low in 2009. So our long term clients are well set for this, but even if you have just joined us, it is not too late to do very well out of this Grand Bull Market. This next up wave, which is only just starting, will be the biggest of them all, quite possibly the largest and fastest rally stock markets have ever seen.
Do the math, record low levels of investment, a booming global economy, and enormous wealth and cash sitting in the hands of investors wondering what to do with it.
Chief Economist
White Crane Group
Sydney, Australia.
+61 (0) 423 950 427
clifford@whitecranegroup.com.au
www.whitecranegroup.com.au
No comments:
Post a Comment