| A peak in the mining boom and an uncompetitive exchange rate have hampered Australia?s share market versus global benchmarks this year. However, the ‘commodities super cycle’, fuelled by China’s urbanisation and industrialisation, could reassert itself as a force on the Australian market if central banks take action to support global economic growth.
This in turn will underpin the Australian economy and the broader Australian share market. Music to the ears of investors but risks remain...............................................Full Article: Source
|