Dear %%first_name%%,
Percy Allan of Market Timing Australia says the world is drowning in debt and until it deleverages, economic growth, price inflation and interest rates may stay low. He says the global debt mountain is impervious to whether Trump and Xi sign a trade deal or Johnson averts Brexit and the best way to alleviate global problems is that the world finds a new engine of growth that generates higher earnings to enable share markets to advance further. In his article today, Percy outlines his thoughts about Australia, Asia and other emerging markets spearheading this advance.
Tony Featherstone says that the bulk metals of iron ore and coal have had plenty of support this year and gold has rallied as investors looked for safe-haven assets. With base metals getting overdue attention, Tony explains why his preference is nickel.
And in Buy, Hold, Sell – What the Brokers Say, FNArena has registered 7 upgrades and 10 downgrades from stockbrokers so far this week.
In Questions of the Week, Paul Rickard answers readers’ queries about how an ETF grows; whether the ‘record’ date is relevant; investing for your kids; and why certain infrastructure stocks aren’t going up?
Our Switzer Listed Income Conference is now sold out in Sydney and Melbourne, but we still have some tickets available for Brisbane on Wednesday 21st August.
Be sure to tune in to our new show on YouTube every Monday night.
And my new book ‘Join the Rich Club’ is now available for purchase through the Switzer Store website.
Sincerely,
Peter Switzer