2019 has started on a bright note with the ASX 200 closing out the March quarter up 9.5%, the best quarter since September 2009. The sharp bounce back has left many wondering where to from here. This quarter we update our Asset Allocation settings to reflect a more cautious outlook as we think the market upside has been priced in over the short term. We also highlight some of the key positives from the Federal Budget and the likely market implications. Following a mixed reporting season, we provide an outlook for some of the key sectors of the market.
Read more in 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.