By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 21 2014
Key points on Share Market Risks
- Concerns about US shares being overvalued are overdone.
- The conditions are still not in place for a major top in share markets: valuations are reasonable, the global economy is on the mend, monetary conditions are easy and investor exuberance is still modest.
- As such, while there is the risk of a correction in shares, the broad trend is likely to remain up.
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