Summary: Comments from Numbersmith Research principal Robert Vagg highlight three key waves that indicate the Australian market is set to thrive over the next three years. These include the current good good value of the All Ords comparative to its history, the fact that growth tends to happen in the middle five years of a decade, and that the market has further to go in its current up-cycle, which began in 2012.
Key take-out: Using these cycles an Australian market rally can be predicted between 2012 and 2019.
Key beneficiaries: General investors. Category: Shares.