Original article by David Rogers
The Australian – Page: 25 : 10-Jul-19
Australia’s benchmark S&P/ASX 200 recorded its third-biggest loss for 2019 on 8 July, after gaining two per cent in the previous week and about 25 per cent in the last six months. The rally in global sharemarkets during 2019 has been driven by central banks’ shift towards a monetary policy easing bias. The downturn in official interest rates is prompting more investors to embrace higher-risk asset classes, which in turn can increase market risk.
STANDARD AND POOR’S ASX 200 INDEX, JP MORGAN AND COMPANY INCORPORATED, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD