Business
RBA stimulus to fuel ‘raging bull market’ in ASX shares. Should you go all in? – The Motley Fool Australia
Should investors be going all-in on ASX 200 shares after the RBA’s meeting this week? Perhaps, but there is a caveat to consider!
The S&P/ASX 200 Index (ASX: XJO) has been on fire this week. Since Monday, the ASX 200 has risen from 6,607 points to today’s 6,819 points (at the time of writing). That’s a hefty rise of more than 3.3%.
Since the index has lost 2.3% over the past year, this week’s rise is a significant one. If we have a couple more weeks like this week, we’ll be back at all-time highs in no time.
So why such a comprehensive jump?
Well, we can probably put it down to the actions of the Reserve Bank of Australia…
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