Original article by David Rogers
The Australian – Page: 28 : 26-Nov-19
The benchmark S&P/ASX 200 index has gained 19 per cent so in 2019, and it is just two per cent shy of the record high of 6,875.5 points in late July. A number of factors could see the local bourse reach a new peak, including a resolution to the US-China trade war and the potential for policy stimulus in December’s mid-year fiscal and economic outlook. However, the federal government is unlikely to pursue stimulus measures before the May 2020 Budget, as it continues to focus on a surplus.
STANDARD AND POOR’S ASX 200 INDEX, RESERVE BANK OF AUSTRALIA, MORGAN STANLEY AUSTRALIA LIMITED, CITIGROUP PTY LTD