Market Observations In Turbulent Times

December 2018 Newsletter | A cocktail of events has led to a reasonably large liquidation of positions in the Australian market. The selling has been unusually indiscriminate. Expensive stocks have been sold down. But so have shares in companies we already considered to be good value. Can it continue? Yes. No one can predict the movement of markets. The key question is what should be done about it. In this edition we discuss our observations on and response to the recent stockmarket volatility.