Can we expect a bull market in 2023?
Marc Kennis, January 4, 2023
Will we see a bull market in 2023?
Move over bears, Stuart Roberts from Stocks Down Under is bullish for 2023.
He points to China’s reopening, energy price falls and the underlying strength of the Australian consumers as the reasons. He says the RBA will pause after hiking rates by 25 basis points in February.
Stuart says bargains abound in the property sector as well as the consumer discretionary and tech sectors. He expects the bad news has been mostly priced-in and share prices will rise from here.
Listen for why Stuart reckons we’ll be telling our grandchildren what a bargain Star Entertainment (ASX:SGR) was at these levels but he also says, “buyer beware.”
Stuart Roberts on AusBiz talking about the bull market in 2023
No time to do stock research, but you still want to invest?
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!
GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY
No credit card needed and the trial expires automatically.
Blog Categories
Get Our Top 5 ASX Stocks for FY25
Recent Posts
Here’s why Rich Lister WiseTech boss Richard White ‘stood down’, and how the A$30bn+ cargo software giant may be affected
WiseTech boss Richard White has been viewed as a key reason for his company’s success over its 30-year history and…
Is the S&P 500 Really Doomed to a ‘Lost Decade’? Goldman Sachs thinks so, but will it eventuate?
The term ‘Lost Decade’ gets thrown about a lot, but most recently to the next decade to the S&P 500.…
Halloween Stocks: Here are 5 ASX Stocks that Will Benefit from Halloween
Here are 5 ASX Halloween Stocks! The Reject Shop (ASX:TRS) The Reject Shop is one of Australia’s most notable…