10 October 2014

Share Market Update

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share market correction
Global, and particularly Australian, shares have seen a bit of a pull back over the last month which could have further to go in the short term.

However, what we are seeing is likely a correction as opposed to a new bear market. From a fundamental point of view the cycle still looks okay with no sign of the overvaluation, overheating economic conditions, onerous monetary tightening or investor euphoria that normally precedes major bear markets.

Please click here to read the full article, Share Market Correction

The author is an employee of Verante Financial Planning in Castle Hill, Corporate Authorised Representative of Magnitude Group Limited, Licence No 221557, Magnitude Group Limited ABN 54 086 266 202.