Late Nineties Replay?

China headaches are causing wobbles and volatility and many an investment expert is using the past to find a template for what possibly lays ahead. The bears are looking at 2007. We all know what came next. The bulls, much larger in numbers, are looking at 2013 or 2011 when volatility proved just that and the bull market for global equities resumed its uptrend relatively soon after. However, given concerns are again concentrated in Asia and the US Fed is ready to start raising interest rates, maybe a more suitable experience to look at from the past is located in the late nineties? Back then the Fed had only just started lifting rates when Thailand was forced to abandon its USD-peg and the Asian currency crisis started developing. Back then, US and Australian equities ceased moving in lock-step. It should surprise no one if that's about to happen again. And there was no recession. Until 2000, that is. My Weekly Insights (VIEW LINK)

FNArena is a supplier of financial, business and economic news, analysis and data services.

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