Australian stocks: An air pocket or something worse?

Our market is drifting while the rest of the world is ticking higher. It's time to look hard at what the ASX is telling us.

Summary: It’s now late November and the Australian share market has drifted for the entire year. While periods of stasis happen regularly, what’s unusual about this one is that it’s bucking the global trend – the US and New Zealand markets, for example, are hitting record highs. That’s because our problems are domestic: Australian banks are dealing with negative publicity over capital concerns, while our miners are dealing with a commodity price rout.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles