Dear %%first_name%%,
In Charlie’s article today, he says (and we agree) that in equities, commodities, bonds and currencies, 2019 has all been about The Fed and Beijing reversing policy, with both doing 180° turns on their 2018 policies. Charlie doesn’t think 2019 will be as simple as owning large cap US equities in US dollars, maintaining that better total returns may come from emerging markets (China), commodities and commodity currencies and for equities, with yield and duration. Read his thoughts today.
And when Sting wrote the lyrics to Every breath you take, he was singing about obsessive love not digital advertising signs that would adjust to every move we make and every step we take as consumers. But technology is transforming so much of our lives and out-of-home advertising will be going through massive changes, according to Tony Featherstone in his article today for this Report. Outdoor advertising stocks, such as Ooh Media (ASX Code: OML), might have attractive long-term prospects but is it dangerous to look too far ahead with megatrends or be seduced by technology’s potential? Tony’s article is a good read and I recommend it to you.
And in Buy, Hold, Sell – What the Brokers Say, brokers have downgraded 5 companies so far this week, including Commonwealth Bank and Sydney Airport Holdings.
Finally in Questions of the Week, Paul Rickard answers readers’ queries about the Caltex share buyback, private equity and whether AMP is a buy.
Tickets are selling fast for the Switzer Investor Strategy Day, and as a valued subscriber, you can claim two complimentary tickets by clicking on the event you would like to attend below:
And our next webinar is coming up in just over two weeks. Paul and I will be joined by Stephen Bruce, Portfolio Manager of Perennial Value and the eInvest Income Generator Fund, to look at how the budget and upcoming election will affect your portfolio. Click here to register.
Talk to you Saturday!
Sincerely,
Peter Switzer