Investors ‘not quite euphoric’ but close, as share market rollercoaster roars on

This week, we’ve seen the Australian share market smash records, from fresh intra-day all-time highs (which occur during trading sessions) to record closing highs.

Whichever way you cut it, the Australian share market is performing exceptionally well.

It’s been a remarkable turnaround from the enormous volatility we saw in early April when US President Donald Trump announced his “reciprocal” tariffs.

So what happens next?

Economists point to the psychological stages of the investment journey.

While traders and investors might like to think of themselves as logical actors, like all of us, they’re human.

“It’s well-known investment markets move more than can be justified by moves in investment fundamentals, because investor emotion plays a huge…

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