On the 26th June 2019, Market Matters, in association with Shaw and Partners hosted an end of financial year presentation for Market Matters subscribers. The event was presented by Author James Gerrish and included presentations and panel discussion with a number of leading industry analysts.
Canapés’ and drinks were served during the evening providing a great forum for Sydney based Market Matters subscribers to enjoy an evening, and takeaway some key views around the market.
James Gerrish, Portfolio Manager & Author of Market Matters presented his views around the prevailing market dynamics and included a number of key stock calls. As James does in Market Matters reports, he outlined the pros and cons of specific investments and presented the ‘Market Matters’ take on current conditions.
Chief Investment Officer Martin Crabb entertained the audience in typical Martin Crabb style while covering the bigger picture economic circumstances currently influencing markets. He talked about major macro influences like bond yields, the prevailing political backdrop and relative attractiveness of various asset classes.
Brett LeMesurier or the ‘yard stick’ as he is known in the office was interviewed by James on the financial stocks he covers with specific focus on the banks. Brett is a quirky, straight down the line analyst who talked about the difficulties faced by banks in Australia and overseas, he also ‘went to town’ on the woes facing AMP and warned attendees against investing in Australia’s cheapest listed bank, Clydesdale (CYB).
Peter O’Connor is a highly ranked resources analyst and was put though his paces by James. They talked about the major commodities and the companies producing them, the outlook for cash flows and the likelihood of ongoing healthy dividends coming from the sector, while warning that investors holding resource stocks for income should keep a close finger on the pulse of earnings. Peter knows his stuff and was a clear audience favorite.
Income is a hot topic with interest rates at record lows, and resident income expert Cameron Duncan was on hand to talk about hybrids and other fixed income securities that offer more capital stability and consistent yields. He talked about his key picks, the risks within hybrids and why we (as investors) should have an allocation as a means of smoothing returns and improving the consistency of income payments.
The night concluded with drinks and Canapes’ and ample time for discussion and questions with James and the other presenters.
Market Matters endeavors to provide regular, topical events for its subscribers around the country. Come back regularly to see details of upcoming events.
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