Sunset Strip | Aussie Afternoon Institutional Market Wrap
Aussie market was smacked again on the open before making a slight recovery through the day. Global investors continue to rush to the door as ECB throws a spanner in the stimulus cycle and US shows more cracks in the recovery story. The market today was mainly held up by resources….if not we would have fallen by more than 1% today!!! The main big boys that took the market down were Banks and they were taken apart by global investors reducing exposure!!! Interesting moves of the day… (VIEW LINK)
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...