Dear %%first_name%%,
One job I’ve always had the intestinal fortitude to have a crack at is predicting where the overall stock market is heading. As a consequence, at least once a year, my colleagues ask me to make my latest call. So here’s my forecast today.
In his article for the Report, Paul Rickard asks you the question: Has your super fund done better than 7%? And what should you do if the performance of your fund falls short of its objective?
Meanwhile, the FY19 full-year reporting season is upon us and James Dunn says it’s not going to be pretty. Kicking off this week are a slate of prominent companies, including ResMed, Rio Tinto, Transurban, Commonwealth Bank, Suncorp, AMP, AGL Energy, Mirvac and Insurance Australia Group. James reports that earnings growth is likely to be hard to come by, except in the resources sector.
In Buy, Sell, Hold – What the Brokers Say, for the week ending Friday 26 July 2019, FNArena registered 7 upgrades versus 24 downgrades by the 7 stockbrokers monitored daily.
And finally, Michael Gable, MD of Fairmont Equities, says why he likes FlexiGroup (FXL) but doesn’t like BHP.
The Switzer Listed Investment Conference is fast approaching. Click on the event you would like to attend below to get your tickets:
My new book Join the Rich Club is now on sale, so click here to pick up a copy (or two!).
And be sure to join myself, Paul and Tribeca Investment Partners’ Jun Bei Liu for our next webinar as we discuss what to expect this reporting season. Click here to register.
Enjoy the read and your week!
Sincerely,
Peter Switzer