Watling: Australia is an overvalued share market

Livewire Exclusive

Livewire Markets

The Australian reporting season is in full swing and as usual, two sectors investors have been watching closely are Resources and Financials. Chris Watling, CEO, Longview Economics thinks the market as a whole, based on relative PE to the US, is ‘about as expensive as it has ever been’. Chris believes this is occurring principally because of Telstra and the big 4 Australian banks. In this video Watling also argues that after four years, the commodity bear market is quite ‘mature’ and share prices linked to commodity prices have come ‘an awful long way’. He suggests that over the next 12 months, as capacity inevitably comes out of that market, investors will be presented with an interesting buying opportunity.


Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

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.