You are viewing:-
you're reading...
1.Market Observations

28 Nov 2013 (TheAge) – Market priced on the high side – Warning signs as ‘optimism builds on optimism’

(28 Nov 2013, The Age, BusinessDay, p26, Max Mason)

‘Increased investor optimism since the federal election has not been matched with earnings recovery, as the Australian sharemarket continues to look expensive. The forward price-to-earnings ratio – which uses market value per share over earnings forecasts per share – for the benchmark S&P/ASX200 has remained well above its five-year average of 13.7 times, with the market currently priced at 15.4 times.’


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: