The Australian Market went nowhere in March 2019. We saw a pullback in the early stage of the month as investors took some profits on the back of a concern over interest rates. Australia has at present an inverted yield curve which means that long term rates are lower than short term. This would indicate that interest rates in Australia are likely to fall in the US they are expected to increase. Towards the end of the month on the back concerns about interest rates the market climbed again to be back almost where it started.
Time to adjust your portfolio.
The easiest way to make money is to not lose it. This August reporting season is shaping up to be a negative earnings year. At this point we are expecting the earnings per share will be down 3.5%, noting that the 2023 year was also down 2.9% as well. Two consecutive...
