The JSE Allshare Index just hit a new all-time high of 50,000. It - TopicsExpress



          

The JSE Allshare Index just hit a new all-time high of 50,000. It has had a phenomenal increase of more than 26% in 10 months. Because of our low economic growth, the increase in share prices far outstrip the increase in profits. This means that the index is in very overbought territory, with a P/E ratio of 19. Therefore, we have decided that the risk of investing in the market that has been too high since March is too risky. Our iTrade Fantasy League is taking a break this year because of this. Heres a full explanation of why and how. It will be back again soon!
Posted on: Thu, 22 May 2014 12:49:45 +0000

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