AMP economist Shane Oliver-doing his best Irving Fisher impersonation-puts is this way, “There is no sign of any impending crash on my calculations … the economic backdrop looks pretty good with pretty solid profit growth, relatively low interest rates, all at a time when the demand for shares is quite high.” ASX 200 7,000, here we come!
Here’s an idea. Don’t invest in the share market at all. Instead, become a public company and float yourself on the market. Be the supplier, not the demander! It’s probably the quickest way to get rich these days on the market, short of working for an investment bank or as a hedge fund manager, investing other people’s money.
The Daily Reckoning Australia