On the US/Macro setting and its effect on Australian markets Alex Leyland from Leyland Private Asset Management says, Don't forget that the US are the engine...
On the US/Macro setting and its effect on Australian markets Alex Leyland from Leyland Private Asset Management says, Don't forget that the US are the engine room of the global economy and they have always found ways to re-invent themselves. The US is 25% of GDP, if they start doing well that'll impact on global confidence and suck a lot more exports out of China. As long as you have growth in the big economies then that is just going to pull us (Australia) along with it. It's amateur psychology but if people are feeling more confident then things will improve.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.
2 topics
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Don't let all time highs stop you buying this "bull" market
Centennial Asset Management
Funds
If 24 LICs ran the Melbourne Cup, which would be our favourites
Affluence Funds Management