Economic news is slowing starting to edge up and we think over the next 6 to 12 months there will be some interesting opportunities available to investors
Economic news is slowing starting to edge up and we think over the next 6 to 12 months there will be some interesting opportunities available to investors. If you look at the financial sector, particularly the stock exchanges and the banks, even though you have seen the S&P move to all time highs and European indices at all time highs, the overseas banks are still trading at lower valuations than pre-GFC, we believe there is upside particularly when interest rates tick upwards. Watch Uday Cheruvu discuss in more detail on Sky Business. (VIEW LINK).
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners Limited stable of alternative asset managers and specialise in Global & Australian equities and Global Fixed Interest strategies. We believe the very best way to minimise investment risk is through understanding valuation, as such, we avoid companies who are hard to understand or difficult to value and are well known for our discipline in resisting short term market noise and ability to hold investments through full industry cycles.
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
The critical mineral no one's watching (and our #1 ASX small cap pick)
Seneca Financial Solutions
Equities
Buy Hold Sell: 5 ASX disruptors taking on the giants
Livewire Markets