Market Manager | April update – Get ready for May-hem

Mathan Somasundaram

Deep Data Analytics

Macro outlook: Markets have rebounded from the lows on better commodity prices, China data and US reporting season. Markets are heading into May selling season with risk of slowing China and weaker commodity prices, while the US Fed update is likely add to the volatility. Local budget update and election cycle will drive down consumer sentiment, while banks are likely to push up cost of borrowing as bad debt cycle and regulatory requirements rise. Short term uncertainties are expected to clear the path for an optimistic medium to long term outlook. Current quant strategy model portfolio: Transport – large (SYD, TCL); Consumer Services – small (AAD, AGI, IPH, MTR); Media – mid (FXJ), small (APN, VRL), micro (EVT, ICQ); Staples – large (WES, WOW); Health Care – large (CSL, RHC), mid (RMD); Banks – large (NAB); Diversified Financials – large (MQG), mid (HGG), small (IMF); Insurance – large (SUN), micro (AUB); Property – large (LLC); Information Technology – small (GBT, IFM), micro ( HUB); Telecommunications – large (TLS), micro (SDA); Utilities – large (APA), mid (SKI). (VIEW LINK)


Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment