MARKETS SPECTATOR: Easing pleases yields

QE the world over continues to spur the hunt for high-yield stocks, but miners are less likely to be the targets.

“Don’t fight the Fed” is a well known maxim in markets. If you add the Bank of England, the European Central Bank and the Bank of Japan, each of whom have lowered interest rates to historic lows while printing trillions of dollars in an effort to stimulate economic activity, there is little doubt that money will flow into Australian stocks that offer yield.

Bank shares seem likely to benefit from the global search for yield, along with a wide swathe of other shares such as Tabcorp, Telstra, real estate investment trusts, ASX Ltd and AMP.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've 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 activate your membership

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 unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

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