Dear %%first_name%%,
With US/China trade tensions escalating, global trade has plunged to an extent not seen since the financial crisis of 2008. If the US was to crash (possibly triggered by this economic war), other markets would be pulled down. Percy Allan says that a shift in emphasis from shares to bonds in what could be a problematic year is tempting. In his article today, he puts forward a number of bonds and income funds listed on the ASX that could be worth considering.
The crop-protection and seeds company, Nufarm (NUF) has had a horror year. Potential litigation risks surrounding the herbicide Roundup causing cancer, the effects of the drought and short sellers. Tony Featherstone reveals that a consensus of 13 broking firms suggests Nufarm is materially undervalued at the current $3.76 and examines whether this stock is a buy.
The recent rate cut has made the income dilemma for yield-reliant investors worse. With investors barely receiving 2% for cash deposits, and with the prospect of further rate cuts, investors continue to look to the share market for yield. James Dunn suggests 5 more candidates to be considered for an ASX yield portfolio.
And in Buy, Hold, Sell – What the Brokers Say, there has been just one upgrade and one downgrade so far this week following the Queen’s Birthday public holiday on Monday.
In Questions of the Week, Paul Rickard answers readers’ queries about whether there is a safe haven for the day of reckoning; an insurance stock; investment bonds; and “don’t’ fight the Fed”.
And tickets for the Switzer Listed Investment Conference in August are now available. As a valued subscriber, we’d like to invite you to join us in Sydney, Melbourne or Brisbane as our guests ($49 fee waived). Click below to claim your complimentary tickets:
Talk to you Saturday!
Sincerely,
Peter Switzer