For the retail investor, a stock that costs 1 seems easier than a big-cap stock that costs 30, 40 or 80, so people are pushing into small caps.
More Quotes from Shane Oliver:
Some have argued the fall in the Australian dollar at a time when commodity prices are still strong is telling us global growth is about to collapse. However, there are few indicators of any impending collapse in global growth or commodity prices. In fact, global growth seems to be strengthening thanks to stronger growth in Europe and Japan.Shane Oliver
Cheap products from China and a very competitive pricing environment is helping keep underlying inflation in check. Interest rates are on hold for the time being.
Shane Oliver
It is a significant psychological milestone, the approach of which has triggered some profit-taking over the past six weeks.
Shane Oliver
Exports probably would have improved a little bit but not much, so it's really just a continuation of the past - we're not looking for a dramatic change.
Shane Oliver
The Chinese economy continues to motor along at a pretty solid pace. There has been a bit of a rebalancing of the economy over the past few years away from fixed-asset investment toward the consumer.
Shane Oliver
Consensus expectations are for profit growth of 13.4 per cent for the year to the December quarter.
Shane Oliver
Readers Who Like This Quotation Also Like:
Based on Topics: People QuotesBased on Keywords: big-cap
If no producer, no movie.
Dino De Laurentiis
Let me be clear - I want all Louisiana citizens to have choice - including the elderly and persons with disabilities - and their families - who rely on the state for their care.
Kathleen Blanco
I've always just worked and tried to do as good a job as possible so that the people who are watching me took notice. That's what's helped me be successful today.
Maria Bartiromo