Resource Sector Strategy – Weekly Investment Report
This week’s PortfolioDirect investment report highlights the continuing fall in resource sector equity price volatility. Prices have remained trapped within narrow trading bands. Larger changes in market prices elsewhere have left the sector relatively unscathed. Meanwhile, cyclical progress remains highly constrained. International policy makers continue to feed liquidity into financial markets with only modest impacts on the real economy upon which raw material markets rely. Australia is now being forced by international pressures to lower interest rates and join the liquidity supply frenzy stoking global stock markets and other asset prices. The PortfolioDirect report is available here (VIEW LINK)
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
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