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Your Editor On Switzer: New Year Exuberance?

FNArena Talks | Feb 05 2013

FNArena Editor Rudi Filapek-Vandyck explained on Thursday to Peter Switzer it surely looks like general market sentiment is getting carried away early into the new calendar year. Haven't we seen this before? Oh that's right, we have been doing exactly the same thing in every new calendar year since 2010!

While he does believe 2013 is likely going to be a positive year for investors in the share market, a steep rising chart for major indices and 6% gains year-to-date should not be automatically seen as signals that returns in 2013 will equal or match last year's, he cautions. Maybe this is instead a time to be a little more reserved?

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