May, The Month Of Broker Downgrades

...Meanwhile in the background, hidden from investors' attention which seems focused on bank levies, Trump controversies, central bank intentions and yet another terrorist act in the UK, stockbrokers in Australia have turned May 2017 into a month of downgrades. The first three weeks generated no less than 70 downgrades versus 16 upgrades, and banks, health insurers, High PE stocks and profit warners; they are all included. Is it any surprise the index lost 200 points during the process and is clearly struggling to find any traction? For a closer look into the many downgrades, and the few upgrades, here's my Weekly Insights: (VIEW LINK)


FNArena is a supplier of financial, business and economic news, analysis and data services.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.