Sunset Strip > Trading Day Wrap From Blue Ocean 20170313

Mathan Somasundaram

Deep Data Analytics

Local market moved down with weaker commodities and weaker yield despite solid non-farm payroll pushing March rate rise to near 100% probability.  Gold was a substantial outperformer in a day when most sectors were negative…Property, Energy and Health Care were the worst performers. Volatility index in Australia reached historical lows on Friday and markets were jumping on safe haven gold stocks…stretched market multiples, rising macro risks, rising inflation and rising interest rate cycle are making gold great again!!!

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Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

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