Contrarian Snippets
December 12, 2012 Leave a comment
As a contrarian investor, some of my recent observations of sentiment and price include:
- Australian Small Cap Resources Index is trading at levels seen 4 years ago
- Gold doesn’t seem as popular
- Uranium and Coal remain unloved
- Investors are upset that their cash deposits are earning so little but they are buying plenty of bonds.
- S&P 500 is touted as being expensive because it’s trading at 1,430
- Retail, Airlines and Media equities are out of favour
- China is apparently heading for a melt-down and the Shanghai Composite Index trades at the same level as 2008
rob zdravevski's blog 