The ASX 200 is ‘going higher without a doubt’

Sky News contributor Peter Switzer says the ASX 200 is “going higher without a doubt” amid predictions it could even reach 8,000 points by Christmas. “The economic rebound in Australia, we’re going to be growing at 4.25 per cent and I think that’s a conservative number, I think it will be higher,” he said. “Put it into context then, with low interest rates, an unbelievable economic rebound, all of this says stocks have to go higher. “If you’re growing really fast, company profits must benefit. Company profits up - up go share prices. “I think the market’s going higher without a doubt”.

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