US Earnings in Focus... The World in 2030...

Niv Dagan

Peak Asset Management

Good morning, On Friday night, US stocks as General Electric’s move to exit most of its lending operations, drove markets higher… Now… Get ready for a new world... In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind China's GDP will grow to more than twice its size today, helping the Asian powerhouse to almost entirely close its gap with the U.S. In Australia, we should have a good start to the week, following strength in US healthcare and energy stocks… Other events to watch this week will be China's trade balance, as well as US retail sales and reporting season... Commodities were higher on Friday night with Crude oil up 1.67% to $51.64/barrel, Gold up $11/oz. to $1,2044 and the AUD is just under $0.77 The SPI is pointing to 17 point rise this morning.

Niv Dagan
Executive Director
Peak Asset Management

Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...


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