Update- Market Cycles
Our stock market performance is definitely lagging when compared against past bull verses bear markets.
The tell from the attached chart is that although we have recovered from the Global Financial Crisis we are not booming.
The United States S&P 500 has risen 168.3% while the Australian All Ords has only increased by 58.3% since the March 2009 low.
The massive boom in mining capital expenditure is just about at an end and if Australia does not innovate to compete then it is hard to see how the current bull market is going to do anything other than peter out.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me via Contact Us or to call me on +61 2 9267 2322.
5th-November-2014 | 
