My 4 old-fashioned plays for the next 12 months
Will the stock market be driven by tech or by old-fashioned companies? Here’s what I like for the next 12 months and it’s an old-fashioned play.
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
Will the stock market be driven by tech or by old-fashioned companies? Here’s what I like for the next 12 months and it’s an old-fashioned play.
In case you have the jitters about stocks right now, well I must remind you that I did warn that September is historically the worst month for stocks. A Wall Street Journal story simply put it this way: “The ‘September effect’ means this month is the worst on average for the S&P 500.”
Here’s why I maintain the view that a 10% rise in stock prices in the year ahead is likely and I’m not even adding in dividends and franking credits!
After a hugely positive day for stocks on Thursday, negativity returned to Wall Street. This up and down action underlines how crazy it is to get comfortable about what stocks will do in the short term.
As you well know, my investment technique is to buy quality stocks or ETFs when the market is going ‘truly, madly, deeply negative. Here are 4 out-of-favour stocks and 1 risky ETF that I like for a 12-months hold.
The inflation battle in the US (and for that matter here too) is nearly over but few economists and key market players are prepared to say it.
I’m charged with the advice from Warren Buffett for September, which says “be greedy when others are fearful…”. Here’s why I want to buy in any sell-offs in scary September.
The inflation battle in the US (and for that matter here too) is nearly over but few economists and key market players are prepared to say it.
Today I’m looking at the winners and losers as portrayed in the Bloomberg chart that the AFR showed us last Friday.
Stocks rose overnight, with all three most-watched market indexes strongly higher, despite the Fed boss Jerome Powell not declaring victory with the fight against inflation.
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