Investment insights - domestically and abroad
Can you predict the All Ordinaries value, value of the Australian Dollar and the 10-year bond prices we’ll see by the end of 2017?
That was precisely the challenge set to 12 Matthews Steer Financial Planning clients by Lee Iafrate at our silver service VIP luncheon.
During the lunch guest speakers Lee Iafrate and Brad King, from boutique investment management firm Armytage, provided a macro overview of the global economy, highlighting regions ripe for investment.
They also took a close look at Australia’s outlook, and the issues and factors that will drive growth domestically in the coming years, providing behind-the-scenes insight into the recent reporting season, and identifying the big winners and losers through that period.
And, Iafrate and King also focused on what our 12 assembled investors should watch out for in local markets, highlighting opportunities and earmarking specific ‘watch’ stocks and ‘beware’ stocks.
The session included a robust discussion as to the prospects for the All Ordinaries value, AUD price and 10-year Bond prices by year-end, with Iafrate offering a free lunch to the client who guessed the closest.
The results remain to be seen but suffice to say everyone in room was bullish - at least when it came to the All Ords!
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