MYEFO

Mathan Somasundaram

Market jumped up on the open as the retail market took over from institutional market as the school holidays started. Usual lower volume up day for mid-December with bank dividends helping to support the market. The local market is at the mercy of the overpriced US market and we expect... Show More

Mathan Somasundaram

Market pulled back slightly as global sentiment remains weak after running ahead of the fundamentals. US Fed has set the path to end cheap debt while every other central bank is on hold indefinitely. The stronger the yields, the strong the USD, the more pressure on Emerging Markets to raise... Show More

Mathan Somasundaram

Aussie market ran over pessimist with another 1.5% move up on US Fed doing what most of us expected them to do. The world is artificially being held down to low growth and low inflation to avoid any recession risks by central banks and governments. The problem with that solution... Show More