Aussie market ripped out another top performance as the positive sentiment builds steam. Aussie market has now delivered the first positive week after five negative weeks. The central banks have confirmed that they are going to remain in current state and play currency war. The market will return to yield trade for returns as global growth continues to decline. We have been telling clients to take on the central banks … and it has been proven to be the right path!!! The central banks are stuck in their own currency wars to keep the weak growth outlook while growth risks rise. The positive way out of this Mexican standoff is a fiscal policy driven growth recovery while the negative way out will be the rise of inflation. Governments around the world are talking more about protectionism than fiscal stimulus. WHY ARE WE POSITIVE ON THE AUSSIE MARKET?... (VIEW LINK)
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