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Distributed: Jan 13, 2011

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Sydney, Jan 13, 2011 (ABN Newswire) - Equity markets may well have seen their lows for the year, and this is no time to hesitate according to Clifford Bennett of Herston Economics. With ASXSP200 5,000 likely to be seen very quickly, and a year-end forecast of 5,600, the risk reward opportunity is outstanding.

Earlier this week Clifford highlighted Sterling and Oil as strong buys, and he sees Gold coming into that realm as well. Good economic information out of the US yesterday alongside a fall in the US dollar is a pattern Clifford expects repeated throughout this year. He is bullish the US economy and bearish the US dollar. The Australian dollar can move to US$1.03 quite quickly.

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Herston Economics

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