MARKETS SPECTATOR: No ASX bounce for Rudd

The sooner an election is held, the better for the stock market, analysts say.

Kevin Rudd is returning to the Lodge at a time when the Australian stock market, is far recovered from the swoon it saw during his first term of office. But the market is still looking decidedly shaky amid concerns the Chinese economy is spluttering, with the US Federal Reserve's preparation to take markets off life support by scaling back its bond buying program adding to jitters.

During Rudd’s first term in office the S&P/ASX200 Index fell 31 per cent, according to Bloomberg data.

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