March in Review: Growth Beats Value, USD Rises
-Strong EPS uplift forecast -Iron ore forecast to drop -5-10% -Gold forecast to drop to US$1550/oz By Mark Story The outperformance of Australian growth stocks in March ended value’s winning streak, with technology and precious metals outperforming energy and communication services, while stocks with retail exposure were particularly strong. It was large caps that led the market higher, with the ASX50 up 1.8%, compared with a 0.2% increase in the Small Ordinaries, and a 4.2% rise in the S&P500. However, ASX-listed small and emerging stocks slightly outperformed the ASX100. A steady incre...
Source: fnarena.com