Originally Posted by
turmeric
Just my opinion, but I posted a few days ago, after the first day of equity market declines, that I expect the next couple of weeks to be a bit rocky. However, I think in the medium term markets still have a good year or two or solid growth left in them.
Have a look at the IMF's recent April 2013 flagship publications; "World Economic Outook" and "Global Financial Stability Report", you only need to read the Foreward and Executive summary to get the general idea. The outlook is generally good for the next couple of years. You can look to the RBNZ's monetary policy statements to get an idea of activity and forecasts closer to home but the general consensus for domestic growth is roughly the same as the IMF's outlook for world economies.
In the Medium term QE will prop up equity markets for some time, and the timing of QE windback will coincide with improved economic growth which should negate any adverse effect on markets. It will be around this time when I will start to llok at realising equity market gains made over the last 3 years or so.
Good luck with your decisions.
Nice day again for RYM huh?