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1.Market Observations, 8.Was Sticky

25 Jan 2016 (AFR) – Australia ‘one big quality company’ says Hasan Tevfik; Credit Suisse’s Tevfik defies bears with faith in quality amid chaos

(25 January 2016, AFR, p21, by Vesna Poljak, Philip Baker )

‘The strategist best known for charting the rise of the “selfies” as a force in the Australian sharemarket is predicting that the nation’s top companies face a reinvention test in 2016. However, Hasan Tevfik, is far from bearish. While fund managers are highly aware of the challenges facing the S&P/ASX 200 this year, they probably underestimate the appeal of Australian assets to global investors, he argues. That is one of the factors supporting his more bullish index target of 6000 points. The market has to break through 5000 points first.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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