In this video insight I discuss why fund managers may currently have maximum cash in balance sheets or portfolios and how correction in share prices might be short lived, as the cash is freely available to purchase stocks which limits the extent of a market decline.
Roger Montgomery founded Montgomery Investment Management, www.montinvest.com in 2010. Roger brings more than two decades of investment, financial market experience and knowledge. Roger also authored the best-selling investment book, Value.able.
Very interesting. Would be even more interesting if the charts were more focussed on the Australian market rather than the US. Nonetheless, while the focus is on the US I would like to see how much impact the 'tech companies' are having of the share valuation versus company profits. I would suspect that companies such as Amazon, Tesla and Uber, would be having a negative impact here with the share valuations being completely out of whack with their profits (or lack thereof).