The ASX S&P200 was flat in 2010, recovering from a mid year setback related to European debt concerns.
Investors find themselves questioning whether now is a good time to invest. Our view remains that opportunity exists in times of uncertainty.
Investors may take comfort in the long term performance of the All Ordinaries price index. The long term trend shows that Australian equities are trading near their historical valuation mid point.
All Ordinaries Price Index – Long Term