Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market finished the month with a belting and a promise of more to come. The market was priced at a level that needed RBA to keep cutting rates to maintain. RBA is expected to cut rates to buffer an economy that is on the fast lane to asset bubbles, household debt blowouts and high unemployment. We still remain negative and see another 200-250 point risk in the market on a yield adjusted fair value basis with no rate cut expected from RBA next week. The property bubble is at bursting point and RBA will be playing with fire to cut rates next week. If the property bubble bursts, then the low interest debt driven low growth economy will unravel in a very ugly way. Do they cut now and risk a bubble bursting or let some air out of the bubbles and move with US Fed but in the opposite direction. The difference between the most logical move and the real world move is what we are all waiting to see….game on!!!!! (VIEW LINK)


Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

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