Sept. 21 - We ask financial market professionals if a market rally that has seen global equities rise 14% since June 30th can continue.
Essentially yes I think that is the case and to the extent that the Fed's QE3 program. Is very ambitious and -- and effectively back stops. My -- golf moves -- out here. I don't sell out to about the ECB bond buying program which looks increasingly likely. To happen. Which guy and I think he's at a global level supportive of risk appetite. Like I don't think at the moment to be honest the market is really risk on or risk golf. I think the market really is wavering and waiting to be convinced you look at quantitative easing coming out of the the UK and you look at the Americans still willing to be very loose monetary policy. Why would you go into. And you are not meant to go into the whole point to QE3. One of these things -- -- not meant to go into the the ball in this locals say practiced with they yields -- driven down so again you've got a reason to be. Risk all and that's exactly the point behind positive easing. Well that's just it's coming nearly if we -- -- ten year yields creeping down for Euro zone nations. If we start to see. New money coming into the acoustics in markets have results -- more money flows coming back in if we start see economic numbers. Tom backgrounds of the upside of broke the full cost being raised the upside as well. If we could see that momentum continued. That. We've seen the market. May be signed take breath and ends and be thankful that that the hasn't been negative news place. 22. We we've we've really tackled all of these issues and we can look to go with a with a real strength. In an upward direction. I think the idea that isn't the best to slow moving into the markets. -- markets in the eurozone have been supported. I do think that this respond. This on the line this country will continue through to the Iran effects here. Perhaps a different pace and tonic.