ASX Outperforms Wall Street Amid Business Shakeups and Political Turbulence

The Australian sharemarket carved out a nearly 4 per cent gain over the last month, outperforming Wall Street's 3.6 per cent rise. Resource companies led the charge, with the sector climbing 15 per cent in four weeks, pushing index heavyweight BHP to a fresh record on Monday. However, analysts warn the rally is built on shaky foundations as earnings season paints an 'uninspiring picture' and forecasts for the year ahead...