Business
ASX website re-launch causes havoc; Link up 25% on takeover offer – The Age
The ASX200 finished 0.5% higher on Monday in a sixth straight session of gains, pushing the market to its best close since August 25.
The momentum is still pretty bullish and the US market is going back to test its highs,” he said, adding he does not believe the S&P500 would break through the high of 3588 points set of 2 September.
However, Mr Glover believes the ASX would outperform the US market in the long run given the weight of miners and banks, rather than technology companies.
Markets went up the whole time the Spanish Flu was here and once it went, equity markets went down for 12 months,” he added.
The financial…
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