The connection between the state of the Chinese manufacturing industry and Australian resources sector equity values has become more obvious over time as my...
John Robertson
PortfolioDirect
The connection between the state of the Chinese manufacturing industry and Australian resources sector equity values has become more obvious over time as my chart of Chinese manufacturirng PMI and S&P/ASX 300 resources at (VIEW LINK) shows At times, month to month movements in the outlook for Chinese manufacturing have translated prompltly into movements in equity values. The relationship suggests that mining equity values will battle to rise (whatever their valuation attributes) until there is evidence of an expansion in Chinese manufacturing output. One of the questions affecting the invstment attractiveness of the sector is whether this connection will prevail even as Europe and the USA might begin to grow more strongly.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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