Sharemarket update October 2014

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Running Time: 8:32

Date: 01/10/2014

The outlook for the Australian stockmarket for the remainder of 2014.

Geopolitical concerns, poor company results and declines in consumer spending are all having an effect on the Australian stockmarket. So says Elio D'Amato, CEO of Lincoln Stock Doctor, who believes all this 'noisy nonsense' is having a major effect on the mining and retail sectors, which continue to face challenges. But on the positive side, Elio says, telcos, health care and the financial sectors all remain strong.

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Elio D'Amato, Lincoln Stock Doctor