Australian Stocks More Expensive Than U.S.

Australian shares are at their most expensive relative to U.S. equities in 2 1/2 years, a signal that has previously indicated the South-Pacific market will trail behind returns in the world’s largest stock market.

The Economic Loss From the Global Commodities Slump
07:02 - Carl Weinberg, chief economist at High Frequency Economics, Gemma Godfrey, founder and chief executive officer at, and Jonathan Fenby, co-founder at Trusted Sources, discuss the negative global economic impact of lower commodities prices. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
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