PRESS RELEASE: ‘ALP Victory’: Australian Investors’ Greatest Fear for 2019

Melbourne, Victoria – The greatest fear of stockmarket investors will be realised if Bill Shorten moves into The Lodge after this year’s Federal election according to investor information service Listcorp whose members recently voted this the factor most likely to contribute to negative returns in 2019.

“55% of members participating in our inaugural Investor Sentiment survey voted this the event most likely to contribute negatively in 2019” said Listcorp CEO John Daly.

There is also concern about softening house prices (20%) and the ongoing fallout from the Financial Services Royal Commission (17%).

“Our technology enables us to watch investor sentiment changing live each day, but the Survey enabled us to tap into the long range thinking of investors and the macro issues concerning them. It’s the combination of these factors that drives decision-making, so insight into both is vital.”

In a clear sign that local investors appreciate the global nature of the Australian stockmarket, Listcorp members regarded the conclusion of a China/US trade deal as the factor most likely to contribute positively to returns in 2019.

“While our members were pessimistic about the local political landscape, there’s optimism about the cessation of trade hostilities between China and the US, with 66% regarding this as the factor most likely to contribute positively to returns in 2019.” Daly said.

And given these factors what did they regard as the best stocks to hold in 2019?

“Reflecting optimism for a China/US trade deal, the top choice was BHP. We believe a preference for strong offshore earnings was also responsible for the inclusion of CSL and Macquarie Bank in the next two positions, while Commonwealth Bank and Wesfarmers rounded out the top 5”.

Listcorp.

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