Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Sunset Strip | Aussie market moved positive on yield chase driven by anaemic global growth

Mathan Somasundaram

Deep Data Analytics

Sunset Strip | Aussie market moved positive on yield chase driven by anaemic global growth. We are still amazed at the market's recent move away from yield on very scant growth outlook. It is no surprise that the reality of the anaemic global growth outlook will continue to support yield investing. We are currently trading near the long term fair value multiple while offering substantially good yield support with currency stabilising. We continue to feel that RBA is currently trying to curb asset prices (i.e. house prices, equity markets etc.), so that they can cut rates in mid-2015 to stimulate a stagnant domestic economy. The continued global growth worries will move the flow of funds to the Australian equities with falling bond yield outlook. Declining growth outlook, OPEC maintaining supply and Shale in US is likely to keeps Oil prices at very low levels for an extended period of time despite geopolitical is a bonus that it hurts ISIL and Russia. Trading idea of the day: (CRZ). Wednesday's Star Performer: Vita Group (VTG). (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...

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.