Ian Gillies talks with Will Hamilton about the Capital Economics in London call that they recently pointed out that the rebound in equities is justified based on the strength in corporate profits, especially in the US, but noting that this profit rebound has not been as pronounced in markets such as Europe. They discuss this as well as:
- One of the anomalies at the moment is the Australian Dollar.
- Australian Equity market valuations.
- and, a reminder that cycles always exist.