Aussie market expected to open flat, but should trade down as the market moves to reduce exposure going into the weekend. There are enough negative news that can derail optimism in early March…(1) Oil likely to slide (2) US Fed meeting in mid-March (3) Chinese equities fell over 6% (4) Brexit getting a lot of airplay (5) Japan is struggling (6) Federal government looks to be flip flopping on policy (7) Budget surplus will get pushed (8) Property Bubble getting a lot of airplay (9) Bank sector getting hit (10) Commodities are unlikely to rebound. The currency is holding up like a rock and we will need RBA to move on rates to get that down. It’s time to buy some gold and increase cash levels as markets are likely to slide down in the first half of March before bouncing back in the back half of March after US Fed leaves the rates unchanged. RBA can change this dynamics by moving on rates in March, but history shows they will not be proactive.
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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