Analysis

Being a ‘bear’ in equities is an old man’s game – ADVFN [Video]

Clem Chambers, Founder of ADVFN remains a medium-term equity market bull and says “bear a bear in equities is an old man’s game”. Chambers pints to the fact that the market is still at a level last seen in 2000, hence there is plenty of scope for further upside.
Coming to Brexit, Chambers reiterates that it was an advisory referendum, which is unlikely to be passed by the parliament. While talking about the British Pound, Chambers says it could easily revisit flash crash low…which according to many experts is stationed around 1.19 handle. Chambers is joined by Tip TV’s Zak Mir.

 

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