Q&A: the big picture
Wednesday, January 14th, 2009
MLC Investment Strategist Brian Parker answers the big picture economic questions we didn’t manage to get to in our December webcast. View the online discussion and watch this space for more Q&A.
Have you any idea when the bounce may come?
The short answer is that no-one knows. What we can say is that share market recoveries tend to happen before economic recoveries. In other words, waiting for better economic news as a sign of better times for the share market could mean you miss the bounce when it happens.
What will recover quicker the Australian share market or the international share market?
In this kind of environment, the local market is likely to take its lead from offshore movements. That’s not to say we cannot recover without a lead from offshore, it’s just that you would not want to bank on it.
