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ASX to slip, Wall St rises – The Australian Financial Review
Australian shares appear set for a muted open. Wall St rallies broadly. RBA board minutes pending. Oracle’s TikTok deal.
“When the S&P 500 has been up five straight months, as it was in April through August, stocks historically have kept going higher. In fact, the last 26 times the index rose for five straight months, it was higher a year later 25 out of 26 times.
“We also know from history that bull markets tend to run for years, and the one that started March 23, 2020, is very young,” Mr Detrick said. “That doesnt mean we wont have corrections along the way, as we did at similar points in the early 1980s an…
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