Q: Hello:
First, athis point and post-election, do you think the markets have gotten ahead of themselves?
Second, markets are enjoying a post US election upswing and while most expect further interest rate cuts, why are utilities down in the past fewdays, for example CPX and FTS.
Thank you
First, athis point and post-election, do you think the markets have gotten ahead of themselves?
Second, markets are enjoying a post US election upswing and while most expect further interest rate cuts, why are utilities down in the past fewdays, for example CPX and FTS.
Thank you
5i Research Answer:
Please also see this answer from today. Conditions are ripe for at least some continued gains....