Two headlines today from Stock head.
MoneyTalks: Why James Gerrish thinks Aussie equities could soon Trump runaway US stocks
US equities have been extraordinary in recent times, powered by the growing profitability of its tech leaders. But our expert-in-residence thinks the equation could be about to change.“We believe the risk/reward is now favouring Australian equities over their US peers,” James Gerrish said this week.
Closing Bell: Rotating to new highs, global markets are busy popping small caps back into their assets
With Wall St now pricing in a third rate cut before Christmas to the tune of 60%, the Russell 2000 surged more than 3.5% for its 5th straight session of really cracking gains, as traders continued to rotate like cashed up lemmings toward the forlorn cliffs of underperforming smaller companies.The Russell 2000 is now up more than 11% over the last week.
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