Ann: Trading Halt, page-43

I agree with the China optimism as I think it is trailing about a year behind the US business cycle, but I think the optimistic Australian story is a bit of a stretch. I cant remember a time when the US market went down and did not take the Australian Stock Market with it, regardless of our labour market or interest rates?
In terms of a possible 2019 peak of the US business cycle I also think this is optimistic too, although they are pretty hard to pick, considering the extremely high PEs on the US stocks, and the deteriorating position of the US Lead Economic indicator, windback of stimulus balance sheet, raising rates etc.