Contents
Where are we in the Cycle?
There is no progress to report on the cyclical front as signs of
weakening growth in the USA are not being offset by sufficient improvement
in Europe or the developing economies. Downside growth risks continue to
lower the chance of a 2015 growth acceleration and delay commodity market
rebalancing. More...
Market Directions
Markets are losing the certainty of a Fed-led recovery resulting in more
volatility - for bonds, oil, gold, exchange rates as well as equities - and
some consequent loss of direction.
More...
Portfolio Performance and Positioning
Pure exploration is battling to attract support in the face of dwindling
cash reserves and too few exploration successes to attract risk money -
which is going in the direction of biotech globally. There were no changes
to the portfolio recommendations.
More...
Stock Reviews and Rating Analysis
More...
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Aguia Resources Limited (AGR:AU)
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3D Oil Limited (TDO:AU)
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PanAust Limited (PNA:AU) ~ update
DAILY BRIEFING: The PortfolioDirect market diary offers brief thoughts on
current issues affecting sector investment strategies.
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