Australian Investment Blog

Looking outside of the supposed "Blue Chips" for value

Last night the Fed almost guaranteed they would be raising interest rates in December, commencing the change away from "free money" that markets have enjoyed since the GFC. US equities soared ~250 points on the news as the focus became the improving US economy and finally the removal of the uncertainty of when rates would rise.

We remain confident with our long-term prediction for fresh all-time highs in the US S&P500, ideally in the 2200-2300 region in the first quarter of 2016. - see chart 2.

The ASX200 has been harder to pick than the US markets of late but currently a rally towards the 5450 region minimum seems likely.