Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892
Two trends setting the agenda for asset prices- global economic expansion (equities likely to continue to benefit) and prospect of less supportive monetary policy (weighing on bonds, bond like assets and equity valuations). In Australia, the economic outlook remains middling rather than strong, as household caution continues to battle with business optimism.
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