Aitken: The bull market is over

Livewire Equities


Star stock-picker, Charlie Aitken, thinks that stock markets may have peaked in April 2015. “It’s probably fair to say that the bull market is over. I think you have to pick stocks”. Most of the top 20 stocks are going backwards as there’s no growth in banks or resources. While mid-cap industrials are doing well, that doesn’t help indexes where 75% of the weight is in the top 20. In order to get growth, it’s no good just relying on central banks, you need government and corporates to spend. At the moment, they’re doing the opposite. “The animals spirits that Glenn Stevens refers to are just not there at the moment.” Discussion starts at 2:35; watch the full interview: (VIEW LINK)

Livewire Equities
Livewire Equities

The Livewire Equities feed brings you a range of insights that relate to Australian equities


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Please sign in to comment on this wire.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter