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1.Market Observations, 8.Was Sticky

24 Apr 2017 (AFR) – Still a need for caution in stronger US market

(24 April 2017, AFR, p20, by Olivia Engel)

‘The latest bout of geopolitical worries has created a sense of unease in the US equities market over the past fortnight, despite the generally good news coming from the current corporate earnings season. But it’s not only nerves about North Korea fuelling the unease. The sharemarket in aggregate is trading on a lofty earnings multiple, and earnings forecasts seem to be diverging somewhat from reality. Could shares be teetering on the edge of an abyss?’

Read more at (might need AFR login access, or try:


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