Olivia Engel says US still the place to invest
The Australian market looks "tough", while Wall Street is still a great place to invest despite some "crazy valuations", State Street fund manager Olivia Engel says.
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Jens Meyer
Jens is the markets and breaking news editor, based in Sydney.
ASX snaps losing streak as CSL soars
Shares nudged higher thanks to some buying in the banks, but slides in Telstra and energy stocks as well as investor caution kept a cap on gains.
Growth slowdown won't spark ASX meltdown
Faltering domestic growth rather is likely to keep investors on their toes this week but fears of an impending sharp correction in the sharemarket seem overdone.
Markets Live: Wall St rally fires up ASX
New records in global shares lit a fire under the ASX on the final day of trade, with Friday's solid gains helping shares eke out a small gain over the week.
ASX shakes off retail woes to post gains
The sharemarket recouped early losses on Thursday, as gains in resource stocks offset a terrible session for retailers.
Markets Live: Moody's blues over China
The Australian dollar took a hit after a surprise cut to China's credit ratings, but local shares have steadied following initial wobbles.
Reflation trade isn't dead, yet
The reflation trade that fuelled last year's rally still has life in it, the world's largest asset manager says.
Markets Live: Miners lead the charge
Shares rise, led by miners and energy stocks, taking leads from Wall Street as well as strong metal prices.
Bank rout wipes out $14 billion in value
Commonwealth Bank, Australia's biggest bank, has seen third-quarter cash profits rise 4.3 per cent as the credit quality of its lending business "remained sound".
ASX led lower by $14b banks sell-off
Talk of a new tax on the big banks and an underwhelming CBA trading update triggered a vicious sell-off in the big four lenders.
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