Global markets were mixed overnight as volatility remains remarkably supressed and it appears investors are awaiting fresh catalysts. Shares on Wall Street were checked by a drop in GE as well as continuing concern about the prospects of Republicans passing tax reforms.
As we have touched on previously, one of the reasons behind the recent strength in markets is that global economic growth is synchronised for the first time since the 2007-2009 financial crisis. However, what is astounding is the lack of any significant pullbacks/market corrections this year.
Stock in Focus: Elders (ELD:AX)
Shares in agribusiness Elders surged +7.9% yesterday after it reported a strong full year profit result as the business continues to turn itself around.
Looking at the key numb...
Stock Markets, Simplified.