Survey says….cut!

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by Chris Becker

David Scutt has the results from Livewires latest survey from financial industry types, including managers traders and SMSF investors. Charts below, but here’s the interesting takeaways:
  • Of the 80% who think RBA will “move” only 8% thought they would hike next year, everyone else says down
  • Financial advisors are least likely to agree, but all fund managers think so
  • International equities are the favourite go to asset
  • Majority see the AUD at 70-79c next year with only 3% say below that figure

Hmm, the contrarian in me says short the majority view, especially the contention that cash will be the worst performer (maybe end up being the best IMO) but most of the surveys finding gel with our view at MB.

What do you think?

If RBA do move, which direction will it be

Will the RBA lower rates in 2015 (Investor Type)

Which direction will the cash rate next move

Market Professionals v Retail - What outperforms in 2015

Market Professionals v Retail - What underperforms in 2015

Overall sentiment towards Australian equities in 2015

AUDUSD at end of 2015

For further analysis of the survey, as featured in today’s Australian financial review, please follow this link: http://www.afr.com/p/markets/market_wrap/why_are_australian_shares_performi