CIAO DATE: 09/2013
September 2013
The equity market has had a tough few months due to a combination of concerns, including fears that a US - led attack on Syria might lead to a wider Middle East conflict and threaten oil supplies. Of greater concern for equities are worries that a turn in the US monetary policy cycle could eventually kill off the US recovery. However with valuation not looking like a barrier to further gains, this four - and - a - half year equity bull market will in all likelihood climb the wall of worry and set another new high before the year is out.
Resource link: The equity market will climb a wall of worry [PDF] - 380K