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1.Market Observations

11 Nov 2016 (AFR) – ASX posts biggest jump in five years as Trump fears ebb

(11 November 2016, AFR, p35, by Jessica Sier)

‘Investors rushed back into shares, pushing the local market to its biggest jump in five years, and adding about $50 billion to the entire bourse’s value as investors put a positive spin on Donald Trump’s surprise victory in the US presidential election.  Mining stocks burst into life as markets translated a Trump win to mean an increase in US infrastructure spending, which ultimately flows through to commodity prices and those firms employed to build new projects. ‘

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

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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.

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