The Draghi effect, the global rollercoaster and the Australian market
Karl Goody
Shaw and Partners
The Draghi effect, the global rollercoaster and the Australian market. Last night Mario Draghi again sent investors running, with the quote 'I am uncertain there will be very good times ahead if we do not act now'. Therefore it was not a surprise to see the Dow down almost 2%. Coupled with the IMF cutting growth forecasts, where does this leave the Australian market? The simple fact remains that we continue to exist in a low interest rate environment. The market has now pulled back ~ 7%, with further retracement expected today. Blue-chips are now yielding ~6% fully franked, I see now as a time to accumulate and not a time to run for the hills. Strong results from BOQ help consolidate this. Six months from now, Investors may wish they had been greedy while everyone else was scared.
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As a Private Wealth Adviser, Karl focuses on holistic portfolio solutions for clients. This encompasses portfolio construction by diversifying across large cap Australian blue chip companies with proven earnings power and quality management through to emerging mid cap companies and small caps with outstanding growth potential. Karl offers clients a complete spectrum of stockbroking strategies and his success has been built on his extensive market knowledge, attention to detail, transparency and quality of service. Contact Details: PH 02 9238 1305 Email:kgoody@shawandpartners.com.au
1 topic
Karl Goody
Private Wealth Adviser
Shaw and Partners
As a Private Wealth Adviser, Karl focuses on holistic portfolio solutions for clients. This encompasses portfolio construction by diversifying across large cap Australian blue chip companies with proven earnings power and quality management...
Expertise
No areas of expertise
Karl Goody
Private Wealth Adviser
Shaw and Partners
As a Private Wealth Adviser, Karl focuses on holistic portfolio solutions for clients. This encompasses portfolio construction by diversifying across large cap Australian blue chip companies with proven earnings power and quality management...
Expertise
No areas of expertise
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