Original article by Philip Baker
The Australian Financial Review – Page: 32 : 5-Oct-17
The key US sharemarket indices are trading at record highs, while Australia’s benchmark S&P/ASX 200 is now trading slightly below its level at the start of 2017. At 5,652 points, the local bourse remains well below its record high of 6,828 on 1 November 2007. Independent investment analyst Boris Pogos notes that there have been a number of other periods during which the Australian sharemarket has delivered a negative return over 10 years or more, and these trends suggest that the all-time record high may not be breached until at least 2020.
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