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Karen Maley

Why investors expect the Fed will keep this sharemarket party going

Bulls are hoping that 1995 is the template for a market rally, as the US central bank starts cutting rates after pulling off an elusive “soft landing”.

Cast your mind back to late January 1995.

US tennis champion Andre Agassi had just won his first Australian Open, after defeating defending champion, and fellow American, Pete Sampras.

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Jill Margo was a senior writer at The Australian Financial Review.

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    Original URL: https://www.afr.com/companies/financial-services/why-investors-expect-the-fed-will-keep-this-sharemarket-party-going-20240128-p5f0ik