RE: Drifting2718 Apr 2017 12:11
Looks like the earnings season isn't helping to drive the markets higher. JPM posted good results last week, but stock fell.
Also, the fear of a war starting in North Korea hasn't forced any sell -off? Is that priced into the market?
We still have French elections, and possibility of Greece being forced out of the EU, OR maybe walking away? Then if that happens will Italy follow suit.
Further, Trump has failed in his health care reform bill and also we have been swat he will not be able to get his tax reform past by August.
Dyor
As these are highly likely possibilities. I don't want to see a market crash for anyone, but remember what the small print says before you press the BUY button!
'Investment values can go up as well as down.'
So I'm moving away from a risk on trade, snd into defensive stocks ( pharma, utility & investment trusts ).
Markets could be overpriced by 5% or maybe 10%.
I believe RIO will be on a downtrend as I stated previously..