Скачать или смотреть Profits under pressure

Market liquidity and company profits are the twin engines of a bull market. So with liquidity draining, will profit growth be enough to sustain the market? We asked David Poppenbeek from K2 Asset Management for his view on company profits in a recent discussion, and came away with reason for caution.

The resource sector has been keeping the dream alive, but has this just been due to temporary factors? And what lies ahead for the banks and industrials? David cautions: “We think that the profit outlook is really challenged. We think that we have to consider that this may not change in the near term”. Hear his full view here, and thoughts on how to proceed.