The sharemarket will continue to climb into 2018 off the back of low rates and rising earnings, but rising yields will put a dent in bond-sensitive asset prices.
Patrick Commins writes on Markets specialising in Equity Markets, Currencies, Debt Markets. Based in our Sydney newsroom, Patrick is Markets deputy editor and has over six years experience as a journalist.
After a barnstorming 2017, three high-profile offshore investors are talking to their clients about what 2018 might bring. And the powerful gains of this year have left many feeling "queasy".
Australia is in a "sweet spot" of reasonable underlying economic growth and low rates, Macquarie says.
Favourable demographics and a fundamentally resilient economy should make Australia one of the best performing developed countries over the longer term.
Stubbornly low inflation expectations are more of a worry to the central bank right now than the risk of a potential housing market bubble and bust, experts say.
'Continuity candidate' Jay Powell is poised to take the top job at the Federal Reserve at a time of increasing debate around how monetary policy should be implemented.
The economy may be "mixed at best", but Deutsche Bank Aussie equity strategists see opportunities to add some "Christmas cheer" to your shares portfolio among the battered listed retailers.
Low inflation and solid growth is catnip for investors, but increasing uncertainty at the top of the world's biggest central banks should give bulls reason for pause.
Australian shares were caught up in a wave of renewed investor enthusiasm which sent bourses from Wall Street to Hong Kong to fresh highs.
Resources names lead a broad rally on the ASX, as investors dump Webjet after an updated earnings guidance.