Jump to content
House Price Crash Forum
Sign in to follow this  
The Masked Tulip

The Relief Rally In The Bear Market Is Close To Finishing

Recommended Posts

http://www.livemint.com/2009/06/30233819/T...bear-m.html?h=B

(Has the market hit) bottom yet... Are you talking about S&P or are you talking even about Asia?

When I said we have not seen the bottom, I was talking about economic fundamentals, or economies. I don’t think we have seen the bottom in terms of some of the key asset prices. For example, housing in the US, I don’t think we have seen the bottom there. We certainly haven’t seen the bottom in Europe yet.

In term of the S&P, as a house CLSA, our view would be it probably peaked somewhere close to that 1,000 number, very close to that at the moment. And then, if that is the case, you would probably be picking numbers around 500-580, something in that sort of vicinity.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 407 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.