Bulls Bears & Brokers: Barry Dawes talks about market all-time highs and upward trends
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Martin Place Securities executive chairman Barry Dawes speaks to Proactive about lithium stocks making further gains this week, as well as the US equity indices hitting all-time highs.
Dawes says the markets are reflecting an improving confidence around the world, and thoughts of a US recession are looking wrong, with Apple and Microsoft looking strong and housing and many consumer sectors are doing well too.
In the bond market, bond yields are continuing their rises, but Dawes believes the ultra low rates are not justified and must rise.