Summary: Out of the S&P/ASX 200’s four attempts to break through 6,000 points this year, none have been successful so far. While some analysts raise doubts as to whether the market can accomplish that at all this year – and we can’t rule out a correction – it’s likely that the market will grow in the longer term given central banks are still engaging in monetary easing in what’s a solid global expansion.
Key take-out: The break through the key 6,000 threshold will come, but we may have to see several issues getting resolved first, such as bank capital requirements.
Key beneficiaries: General investors. Category: Shares.