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…
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