Original article by David Rogers
The Australian – Page: 30 : 9-Feb-18
Australian investors returned to the sharemarket on 8 February, seeking buying opportunities among stocks that had been heavily sold down in the recent sharemarket rout. Blue-chip stocks in particular attracted buying activity. However, investors should be mindful that financial market volatility can persist for some time, and the pace at which the US Federal Reserve tightens monetary policy will be a key factor in the outlook for equities.
UNITED STATES. FEDERAL RESERVE BOARD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MACQUARIE GROUP LIMITED – ASX MQG, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, CHICAGO BOARD OPTIONS EXCHANGE VOLATILITY INDEX, CREDIT SUISSE AG, STANDARD AND POOR’S 500 INDEX, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED STATES. DEPT OF THE TREASURY, LPL FINANCIAL LLC