Amid the gloom, shares hold hope

As the lights go out on the West Australian economy and the latest rout on the local sharemarket shreds all confidence in equities, the case for the Australian sharemarket is actually improving. It would seem all the major risks that have plagued the market for so long are coming out of hiding. We are in the process of waving goodbye to the mining boom, the Australian dollar is in free fall, global interest rates are heading to realistic levels and equity valuations have lost their expensive tag in a matter of weeks.

By InvestSMART · 24 Jun 2013

By InvestSMART ·
24 Jun 2013

Share

Comments

Print

As the lights go out on the West Australian economy and the latest rout on the local sharemarket shreds all confidence in equities, the case for the Australian sharemarket is actually improving. It would seem all the major risks that have plagued the market for so long are coming out of hiding. We are in the process of waving goodbye to the mining boom, the Australian dollar is in free fall, global interest rates are heading to realistic levels and equity valuations have lost their expensive tag in a matter of weeks.

Share this article and show your support

Proudly

Amid the gloom, shares hold hope

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password