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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

7 Oct 2016 (AFR) – Citi bullish on emerging market equities, ASX to hit 6000

(7 October 2016, AFR, p31, by Jessica Sier)

‘Despite high valuations and the risk of rising bond yields, equities are still the place to be for Citi, which is tipping the S&P/ASX 200 index to hit 6000 by next year’s end. More broadly, the bank expects a 10 per cent rise in global equities by the end of 2017 and emerging markets are the hot spot given cheap valuations and expectations that earnings-per-share momentum will stabilise.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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