As the Dow tops 16,000 for the first time you have to wonder how we got here and what the future holds. Major stocks do not appear to be seriously over-valued, but matters are more to do with the huge number of IPOs running through the markets across seemingly all sectors. So do we need to watch out for a bubble that is about to burst? You will need a crystal ball for that one, but of course airlines are future-looking by nature and one must consider everything. EasyJet’s annual profits were up 51% today right where they said it
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