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

25 Jan 2017 (AFR) – ‘Earnings bonanza’ to fuel strong growth for Australian shares in 2017

(25 January 2017, AFR, p27, by Myriam Robin)

‘The Australian sharemarket is forecast to rise this year at its fastest pace since 2013, boosted by a recovery in Australian company earnings. Bank of America Merrill Lynch expects the S&P/ASX200 index to reach 6100 by the end of 2017, a rise of around 9 per cent from current levels, with the growth fuelled by higher corporate earnings.’

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

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