How far can the dollar-exposed industrials bull run?

Wednesday, 27 May 2015

Australian companies with US dollar earnings will be prime property over the next 12 to 18 months, according Shawn Hickman of Market Matters.

“I think the $A will eventually fall well under 70c, significantly aiding companies with $US earnings,” Mr Hickman said.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.