Sunset Strip > Trading Day Wrap From Blue Ocean 20170322
Local market was smacked down after US market decided to hit the reverse button after optimism was far ahead of valuation. The last time the local market took a worse belting was in Nov 2016. US market moved into second part of “Buy the rumour, Sell the fact” trade as US fiscal policy ran into multilevel execution problems. Local market was pulled down by the big boys in miners and banks while gold and property were the only positive performers.
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Over 30 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 CEO at Deep Data Analytics (www.deepdataanalytics.com.au) which is an integrated data analytics driven investment strategy service provider.
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