Australian consumer stocks Loading... : Investor Sentiment and Bull/Bear Views
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04:04
Feb 10
Feb 10
Australian consumer stocks should hold up.
Despite weak Westpac consumer sentiment surveys, the survey has been mixed and is well above levels from two to three years ago. Low unemployment at 4.1%, wage growth, and improving broad economic data suggest Australian consumer stocks should be OK, even with the RBA in a heightened mode.
MED
04:04
Feb 10
Feb 10
Australian consumer stocks should be okay
Consumer stocks should be okay despite softer Westpac sentiment. The survey has mixed signals and previously did not predict a spending collapse; low unemployment at 4.1%, returning wage growth, broad economic improvement since August/September, and strong end demand support the Australian consumer.
MED
About Australian consumer stocks Investor Commentary
Across the available history and selected sources, Buzzberg tracks Australian consumer stocks across 1 sources: 2 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 2 total trade ideas tracked. Latest voices: Richard Schellbach.