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

29 May 2017 (AFR) – Not a great start to the year – Investment signs point to slowdown

(29 May 2017, AFR, p30, by Philip Baker)

‘There’s a good chance the Australian sharemarket is telling us something about the economy. And it’s not good. Earlier this month, shares were threatening to break the key 6000 level, but since then have ricocheted back hard away from that number. It’s almost as if shares are now allergic to it. It’s been more than eight years since the major index last reached 6000, although it went close quite a few times in early 2015.’

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

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