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16 Nov 2016 (AFR) – Rising bond yields setting ASX up for a sharp fall: Watermark Funds

[CAUTION: The following is an opinion by the person mentioned in the news article.]

(16 November 2016, AFR, p13, by Vanessa Desloires)

‘The sharemarket’s strong post-election performance is sending a false signal to investors, with rising bond yields setting the expensive ASX up for a plunge amid political upheaval, Watermark Funds Management’s Justin Braitling says.  Mr Braitling, chief investment officer of the Sydney-based hedge fund, said 2016 would prove a turning point in the prevailing economic order that will have disastrous consequences for sharemarkets.’

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