Why it is important to keep an eye on the US
In a recent letter to investors Ben Griffiths outlined 5 offshore factors that could hold sway over the Australian market as we head into 2016. It is somewhat of a rarity for 'stock pickers' to reference offshore or 'macro factors' as having a baring on how they think about the current investment environment. However, Giffiths explains that the size and the quality of the US market plays an important role in setting the tempo for all investors. In this video he talks through some of the key indicators he monitors when it comes to assessing the health of the US market and how this may impact the outlook for the Australian market in the coming months.
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