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ASX 'headed for bounce' in 2019

Jan 02, 2019 - Australian Financial Review

If the majority of economists are right, 2019 will be a rewarding year for the Australian equity market, and the negative wealth effect linked to the 2018 downturn in property prices will not be enough of a force on households to hold back consumption growth.

The S&P/ASX 200 Index ended the year at 5646.4 points, or 6.9 per cent below its opening level of 6065 points. The index reached a decade high at the end of August of 6352.

"The stock market should do very well. I think the ASX ...