5 reasons why I like Invocare

Financial Journalist
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This column’s readers know I have taken a more cautious stance in the past six months, nominating gold, cash, monopoly-style assets and other defensive investments. Market uncertainty is too great to chase pricey, momentum-based growth stocks.

As written before, I see 2019 as a transition year, one where more clarity is provided on four key issues: the pace of US interest rate rises, China’s economic slowdown, whether there is a hard or soft landing in Australian property prices, and government/policy change.

The US Federal Reserve in December signalled “some further gradual” rate rises this year, so that is broadly supportive for equities if the US economy continues to perform.

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