Momentum Monday 28th August
Welcome to Momentum Monday. The broader market at the minute is frustrating, but as always there are pockets that are doing well. Reporting season has thrown up its usual challenges and surprises, and we must remember, this is the market behaving normally.
Next Friday's Lunch 'n Learn session will be a wrap of the reporting season so be sure to book your place when we send you an invite shortly.
Though I want to kick off this week’s Momentum Monday with a quote from one of our nation's greatest rag traders Solomon Lew, who at the time of the release of his company's report said (and I quote), “Consumers have lost their collective mind.” The retail sector has actually been a surprise standout this reporting period. I am sure the RBA will have noticed as well.
At Stockopedia we too would like to share in the consumer insanity so if you know who (literally) has everything, give the gift of Empowerment by sharing our details with them. Read more here. While perhaps we are not as comfortable as a pair of pajamas, we’ll hold our value MUCH better!
On that note, let’s get into this week's edition.
The content...