Time to buy?

Tuesday 8 April 2025

The Market Ear says maybe.

Oversold superlatives

Earlier today (here) we referred to the classical quote: “be greedy when others are fearful”, pointing out among other things just how extremely oversold this had become: “We have not seen this oversold index futures in “forever”. Oversold can obviously stay oversold for longer than most think possible, but this oversold is beyond extreme…Time to nibble?”

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.