We are at a challenging juncture for markets. Investors are grappling with interpreting solid economic data and the reaction of ultra-accommodative central bank monetary settings. Morgans see the path out of the COVID-19 shock as a “restart” and not a typical business cycle “recovery”. The broadening restart – coupled with Morgans belief that this will not translate into rapidly higher interest rates – underpins Morgans pro-risk stance. This quarter, Morgans look at what this means for asset allocation in 2021. They also look at what the economic restart means for the key industries in the ASX.
As always, speak to your PPT adviser in relation to which stocks suit your investment goals.
Read more in Morgans Autumn 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.