Business
Why this ASX share bull market could run for longer
The fund manager Ben Griffiths believes that the ASX share bull market we’re currently seeing could go on longer than some investors are expecting.
Mr Griffiths published an article on Livewire Markets discussing his latest thoughts and some of the recent moves by the fund.
Why could the bull market go on longer for ASX shares?
The fund manager pointed out that cheap money and lots of liquidity are key reasons why the ASX share market is generating so much growth. But he commented that there are quite a few late cycle markers beginning to emerge. He pointed to the GameStop situation and the growth of special purpose acquisition companies (SPAC) as markers.
Those SPACs, which are outlawed in Australia, raised US$100 billion in the…
-
General19 hours agoFrom jackaroo to ‘Golden Tonsils’ radio titan: the life and career of John Laws
-
General23 hours agoMajority of Australia’s first Ashes Test squad to feature in Sheffield Shield round four
-
General6 hours agoPrincess Anne remembers Porepunkah police officers in wreath-laying ceremony in Melbourne
-
General10 hours agoAFL gives teams finishing 10th chance to win premiership through wildcard round in finals