Don’t panic, analysts tell ASX investors
After falling in tandem with global markets earlier in the week, the ASX was in positive territory today.
UBS are forecasting the ASX200 will end the year at around 8000, which would represent a modest year on year increase
Market watchers enjoy invoking the spectre of the 1987 Black Monday crash whenever equity markets take a tumble, but so far at least the ASX has staved off the worst fears of a market meltdown.
What began as a nervous week, as Japan’s Nikkei saw its biggest one day fall since 1987 and weakness in
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