Original article by David Rogers
The Australian – Page: 17 & 25 : 31-Jul-19

The S&P/ASX 200 has more than doubled since reaching a low of 3,120.8 points during the global financial crisis. The Australian market’s year-to-date gain of 21 per cent is its strongest since 1991, potentially putting it on track for the best year since 2009. Meanwhile, Shane Oliver of AMP Capital warns that the 2019 rally means there is the risk of a short term correction, and Hasan Tevfik of MST Marquee says the market’s high forward price-to-earnings ratio means investors need to be "quite selective" about the stocks they buy.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, AMP CAPITAL INVESTORS LIMITED, MST MARQUEE, PENGANA CAPITAL GROUP LIMITED – ASX PCG, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD