16 Quotes by Paul Xiradis
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The outlook for the banks has improved substantially in the past six months. Housing lending has held up better than expected and business lending has been very, very strong.
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Rita is one big question mark that's been removed and it's safer to buy stocks now. Companies that do business in the U.S. are naturally going to be more relieved.
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I'm still backing the miners to outperform because there's no let up yet in the commodities boom. A lot of the good news about demand from China may be understated and you'd have to think this rally has some way to go yet.
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Commodity companies have in the past been price takers rather than price makers, and that won't change dramatically, but if you have greater control of your supply, that makes it more favorable to the mining companies.
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Commodities are still looking strong and brokers continue to upgrade their numbers. It presents an opportunity to buy.
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A bit of softness in steel and building materials was expected, but perhaps not to this extent. The market overall has moved up in accordance with expectations for earnings, so any company that doesn't meet them will take a bath.
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It's a case of traders taking their bids off the board until the situation becomes clearer. Investors would rather buy stocks a bit later when there's a touch more certainty about the seriousness of the threat.
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It's hard to see where the future of Telstra's business lies. Its ongoing battle with the government isn't inspiring shareholders either.
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It's hard to see where the future of Telstra's business lies, ... Its ongoing battle with the government isn't inspiring shareholders either.
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