Equity Industrial Engineer | Herd mentality can get you hurt in reporting season

Mathan Somasundaram

Central banks and global growth worries remain the key risks for industrial stocks. China, Japan, Europe and UK are expected to deliver more stimulus while US remains outside their rate hike cycle despite strong domestic economic outlook. RBA is waiting to confirm weak inflation data before cutting rates in August. The herd mentality in the market has pushed investors into the same market darling sector and stock exposures and driven up valuations. The crowded trades at stretched multiples and low volatility can accentuate market risk if the macro conditions change against market expectations. Industrial sector has moved from the preferred buy sector to selective buy sector category. Preferred pick are.... (VIEW LINK)


Mathan Somasundaram

2017 - Now > Blue Ocean (AUS) > Market Portfolio Strategist 2012 - 2017> Baillieu Holst (AUS) > Head of Strategy, Quant and Data Analytics 2009 - 2012 > Bell Potter / Southern Cross (AUS) > Head of Quant and Data Analytics 2007 - 2009 > LIM...

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