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From Coppo's report last night (he's still bullish): I find it fascinating that investors are pouring back into Europe - even the basket case countries that...
From Coppo's report last night (he's still bullish): I find it fascinating that investors are pouring back into Europe - even the basket case countries that everyone was so worried about over the last year years - Spain & Italy. That tells me is that the markets are risk on & will go a lot further from here. So this leads to another point it usually takes about 5 years for investors to come back to equity markets after a crash - now we are 5 years down the track & you can see the money staring to come back. He goes on to re-iterate that if the recoveries are underway then you are going to see a huge amount of cash switching from bonds to equities... in fact it's happening right now.
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Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
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