Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Market popped on the open to unwind the previous panic losses and then pretty much traded sideways. We are likely to see volatility remain with the global markets on both directions till clarity returns to markets. Clarity remains murky with lack of details on the US fiscal outlook and the monetary policy response from US Fed. Property developers are no different to politicians. US politics will not change; it will just be a different list of vested interest groups that will be in charge. Markets would want to see policy details before buying into the yellow brick road to growth. We are likely to get hints of the fiscal policy setting through the candidates that will take key positions in the leadership group. Sectors to benefit > Banks, Health Care, Construction, Defence, Tech and global business with US economy facing operations. Short term shocks deliver long term buying opportunity!!! For the full report… (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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