Reasonable valuations and good earnings outlook should assist global equities in the face of higher rates. While technology remains dominant in global markets, Japanese equities enjoyed a standout performance in September. Australian equities eased back during the month, even though forward earnings ticked a little higher – as a lift in bond yields helped push down the “pricey” PE ratio.
Read the full Market Trends – October 2018 updateClick here to download
Missed a report? View previous updates here.