ASX Finally Hits New High | Telstra’s Surge ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Global markets were lower overnight, as investors await tonight’s US Federal Reserve interest rate decision. It is a massive decision, with likely the first interest rate cut in the US since the 2008 financial crisis.   Closer to home, the Australian sharemarket jumped to a new record high on Tuesday, surpassing the previous milestone it set more than 11½ years ago. The Aussie market is playing catch-up with global peers, as the market has now reached levels it experienced at the height of the mining boom which saw it outperform in the early 2000’s.   Stock in Focus: Telstra (TLS:ASX) ​​​​​​​​​​​​​​​​​​​​Shares of telecommunications giant Telstra (TLS) have been on a strong run in 2019, despite no significant news flow since our last report where Telstra delivered a weak 2019 interim result and announ...