Morgans outlines that Global economic uncertainty continues to weigh on the ASX’s offshore earners. They were one of the few bright spots for the market in recent years but the prolonged trade war and slowdown in Chinese growth is putting a dent in the earnings outlook for these companies.
Domestically, early trading updates confirm that stabilisation in housing, tax cuts and lower interest rates are working through the economy.
This month Morgans summarise the key emerging themes from reporting season and highlight the most compelling opportunities. Also, Michael Knox helps explain why we shouldn’t fear an inverted US yield curve.
Read more in Morgans monthly Investment Watch Update.
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