Opportunity in Australia Cyclical Stocks
Oct. 3 (Bloomberg) -- Donald Williams, chief investment officer at Sydney-based Platypus Asset Management Ltd., talks about Reserve Bank of Australia monetary policy and its implications for domestic stocks.
Australia’s central bank will reduce its benchmark interest rate to the lowest in the body’s 53-year history, according to credit markets that more accurately picked yesterday’s cut than economists. Williams also discusses the outlook for the Australian dollar with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)