Market Update: Economy set for a better second half

In Australia, both the RBA and Treasury have recently predicted better times ahead. Though recent data has been patchy, an improvement in local prospects will be needed to help justify somewhat expensive share valuations. It will require confirmation that the more optimistic views on the economy and on growth in corporate profits over the coming year are finally taking shape, to justify current pricing and to see share gains start to match those achieved overseas.

Read the full Morgans monthly Investment Watch update.

For investment advice call PPT Financial on (03) 5331 3711.

DISCLAIMER: The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone.  If expert assistance is required, professional advice should be obtained.