Arguably, 2013 was the best year for Australian equities since the global financial crisis

Livewire Equities


Arguably, 2013 was the best year for Australian equities since the global financial crisis. The general improvement was largely underpinned by a gradual but persistent recovery in fundamentals. While some may argue it is fully priced, we believe it is entirely possible the Australian stock market is in the early stages of a bull run that started in the middle of last year, and is set to continue in 2014 and beyond. This outlook is similar to our market view back in 2004 and there are numerous fundamental and technical indicators supporting our bull market thesis. Leading fundamental indicators are supportive of Australian equities, including low interest rates and an improving property market, both of which have a positive wealth effect. Yield stocks have done very well in 2013, but indiscriminately owning the market as a whole still gives investors a better yield than cash. Read my thesis here (VIEW LINK)

1 topic

Livewire Equities
Livewire Equities

The Livewire Equities feed brings you a range of insights that relate to Australian equities


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment