Australian Investment Blog

Morning Report 10/06/2014

Morning Report Tuesday 10 June 2014

** Reject Shop (TRS) & Pacific Brands (PBG) downgrades their profit guidance this morning - More negativity for the Retail Sector!**

After the Australian long weekend and with two major macro events behind us, being US Employment data and ECB stimulus, it’s time to revisit my overall picture for equities. As I have often referenced, I treat the market like a jigsaw at times. To be ahead of the pack, you need to complete the picture in your mind with the least pieces of puzzle clearly in place. Firstly, the big picture:

I remain bullish equities for the next few years as the US economy improves and hopefully Europe will eventually turn the corner.

China and rising interest rates / inflation are the obvious concern to the above.

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