Markets are set to close 2021 with a renewed sense of optimism as the debilitating lockdowns in Victoria and NSW are set to end. The domestic recovery had been stronger than anticipated prior to the recent outbreak and the economy is expected to bounce back strongly when restrictions ease. Morgans Economist Michael Knox explains why he believes we are moving into a three-year golden period for the Australian economy. Global markets have been reintroduced to volatility as various macroeconomic risks to the economic restart emerge. Morgans explain why we slightly pare back our pro-risk view and look at the tactical implications for asset allocation and equity sector positioning over the next quarter.
As always, speak to your PPT adviser in relation to which stocks suit your investment goals.
Read more in Morgans Spring Investment Watch Update
For investment advice call PPT Financial on (03) 5331 3711.
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