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The Bullish Case for Equities

Your FREE Wrap ready to download now 9 Dec 2012 10:52 PM

In Today's Free Wrap for Traders and Investors, we feature this report with our thanks to James Gerrish, Portfolio Manager at Novus Capital Ltd in Sydney  which he wrote at 'MyMarketView'  on Thursday 6 December: 

At the close yesterday, the S&P/ASX 200 was up by +16pts or +0.37% to 4520. I continue to think this market has further to go, and the interest rate environment is now very supportive of equity prices, particularly high yield names. 

That said, markets don't go up in a straight line and pullbacks will happen - but as we saw recently, pullbacks will be seen as a buying opportunity due to:

1.    The macro backdrop continues to improve globally 

2. Monetary conditions domestically ease, and alternatives become less attractive......... 

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