News & Media - Equities to keep rising

Download
Download

We remain optimistic on the Australian equity market. While it has rallied hard since early April, further policy support should provide a solid tailwind and help temper concerns around elevated valuations. We don't expect the upcoming reporting season to disappoint despite the potential for management commentary to be cautious. As we look ahead, a global easing cycle alongside modest cyclical upside should support risk assets with investors tilting towards areas where there is greater upside valuation potential. Investors should remain focused on an improving macro picture and not get overly worried about near term risks.

We remain optimistic on the Australian equity market. While it has rallied hard since early April, further policy support should provide a solid tailwind and help temper concerns around elevated valuations. We don't expect the upcoming reporting season to disappoint despite the potential for management commentary to be cautious. As we look ahead, a global easing cycle alongside modest cyclical upside should support risk assets with investors tilting towards areas where there is greater upside valuation potential. Investors should remain focused on an improving macro picture and not get overly worried about near term risks.

Download
Download