Original article by Patrick Commins
The Australian Financial Review – Page: 27 : 7-Dec-17
Jason Todd of Macquarie Group is upbeat about the outlook for the Australian sharemarket in 2018, forecasting that it will end the calendar year at 6,500 points. Todd expects the Australian bourse to outperform the US market in total return and local currency terms in 2018, following a stronger performance by Wall Street in 2017. However, he expects the S&P/ASX 200 to finish 2017 at 5,875 points, compared with around the 5,950-point level at present.
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