After a record ascent by the ASX to all time highs, the market has taken a breather again this week.
The question remains though have we hit the top of the mountain, or just a quick wait for the ski lift. If the US market is anything to go by, trading multiple are getting out of control with AI chip manufacturer Nvidia trading at a market cap of US$5t – that’s “trillion” – and a couple of the other usual tech suspects trading at a mere trillion dollars below that.
This week’s Bulls N’ Bears ASX Runner of the Week is… Mount Ridley Mines.
Markets are pushing the pause button however as a major week in reporting and policy lurks on the other side of the weekend.
In one of the year’s most-watched knees-ups, US President Donald Trump and China’s Xi Jinping sat down together at a South Korea

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