Resource Sector Strategy – Weekly Investment Report
John Robertson
PortfolioDirect
This week’s PortfolioDirect investment report highlights the first sign in many months of an improved cyclical position for the resources sector although the gap between current positioning and earlier cycles shown in our model of cycle timing remains wide and a drag on sentiment. Some respite from a rising US dollar and firmer oil and iron ore market conditions have helped the sector. Falling sector volatility has also been broadly supportive. A swing in the direction of bond yields in Europe and the USA is having a dampening effect on equity markets generally which may lead to some reappraisal at the margin of the ongoing returns from more strongly performing equity sectors in favour of resources. The PortfolioDirect report is available here (VIEW LINK)
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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