|Data for week commencing 6 January 2020|
We’re back! Or at least I am, with a look down the time tunnel for 2020, ahead of our whole team joining me next week. The Christmas break saw fund managers and other big market influencers take profit before year’s end so they could show off how good they were as investment experts. But I have to say it was hard to do badly in 2019.
Sure, a lot of people had reservations about my optimistic outlook for the past year at this time last year and while we didn’t get the 7000 I’d hoped for, it was a good 12 months to be long stocks. The final score for stocks locally was an 18.4% rise, and 24% if you add in dividends and franking, despite December coming in with a 2.4% slide.