Our basis for remaining short Aussie stocks and commodities Australia The Australian GDP data showed weakness earlier this week, and with inflation falling...

Daniel Weston

Aimed Capital

Our basis for remaining short Aussie stocks and commodities Australia The Australian GDP data showed weakness earlier this week, and with inflation falling alongside Iron Ore and the commodity complex in general in AUD terms, it is painting a gloomy picture recently. Our models are showing that the trend will continue in to the new year, below are our leading indicators for Q1 2015. Whilst the weaker dollar we have seen recently is good for Australia's exports, we fear the domestic economy is in trouble as domestic earnings dwindle and property prices may come under pressure. The short Australian stocks trade is only a small piece of our portfolio at 3% currently, but we also continue to hold 7% of the portfolio short commodities which we estimate to be a similarly correlated trade moving forward. Read more... (VIEW LINK)


Daniel Weston
Chief Investment Officer
Aimed Capital

Running the Aimed Global Alpha - Macro Hedge Fund. Aussie. Trader. Investor. Coder. Cricketer. Skier. Surfer. Flyer. www.aimedcapital.com

Expertise

No areas of expertise

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.