Robin Griffiths

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Last quote by Robin Griffiths

We can go up quite a lot more. All of my work suggests the risk of a correction is in the second half of this year and if I had to name the month I'd say October. What is wrong is the valuation basis … It's expensive, hideously expensive. What had been holding it back for quite a long time is the very large component within it of mining companies and oil companies, so the downtrend of several years in commodities was holding the FTSE down. Now particularly, not only commodities but very particularly industrial metals are one of the strongest asset classes on the planet.feedback
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Mar 06 2017 Oil
This page is completely dedicated to what Robin Griffiths has to say. All of Robin Griffiths’s quotes are organized here by date and topic. The most recent quote attributed to Robin Griffiths came from an article called Expect a market correction for the S&P 500 this October, technical analyst says: “We can go up quite a lot more. All of my work suggests the risk of a correction is in the second half of this year and if I had to name the month I'd say October. What is wrong is the valuation basis … It's expensive, hideously expensive. What had been holding it back for quite a long time is the very large component within it of mining companies and oil companies, so the downtrend of several years in commodities was holding the FTSE down. Now particularly, not only commodities but very particularly industrial metals are one of the strongest asset classes on the planet.”.
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