Mark Bon
Mark Bon
earnings gone market stretched
The market has gone up but earnings have gone up with it, so the market still hasn't been stretched on a valuation basis.
broad coming economic estimates line quite recovery results revised slightly
Results are coming in in line or slightly ahead, if we do see a broad economic recovery in Europe, people's estimates can still be revised up quite a bit.
activity bid equity money plenty private scope
There is plenty of bid activity and plenty of private equity money around. There is still a lot of scope for more acquisitions.
coming feeling market money plenty possibly profit runs sails soon taking underlying wind
As soon as the market runs away a little bit, there's a little of profit taking, taking the wind out of the sails a little bit. The underlying feeling is there's plenty of money possibly coming into the market.