Australian Shares

Bloomberg notices Aussie stock bubble

David Llewellyn-Smith
Wednesday 12 September 2018
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Here it is:

…Here are four reasons for a little less optimism on Australian stocks:

1. Costs Up
A drought that’s hit Australia’s grain farmers is raising costs for agricultural businesses like poultry producer Inghams Group Ltd., which said it’s facing higher prices for chicken feed.

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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.