Archive - Dec 2012

Market Commentary
Dec 15, 2012

The December quarter has delivered relief for investors with the S&P ASX 200 finishing the quarter up 6% closing at 4,648 due to two rate cuts from the Reserve Bank of Australia (RBA) and market commentary predicting further rate cuts in 2013. The impact of the rate cuts has created a chase for yield, which has driven the market to levels not seen since March 2011 and the rise has continued into January.
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