Equity markets have rallied strongly, claims OBSR |
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| News - Business | |||
| Tuesday, 29 September 2009 13:23 | |||
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Peter Toogood, Investment Services Director at OBSR, has recently commented on Equity Markets. “Equity markets have rallied very strongly from what are looking increasingly likely to be the lows for this stockmarket cycle,” he said. “With economic indicators and reports showing a clearly improved economic outlook and the massive support provided by the authorities, this should prove sufficient to overcome equity market headwinds. While a near-term consolidatory phase is possible and risks remain, investors are likely to become increasingly prepared to move towards riskier assets given such low returns from cash and government bonds as economic conditions brighten and liquidity improves. From today’s levels long term gains from equities should still well outpace those of most other asset classes.”
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