EWA: Downshifting Australia To Neutral Heading Into 2025

Sunday, 3 November 2024, 15:16

EWA is downshifting Australia to neutral as we head into 2025. Despite a solid 2024 for Australian stocks, the pace has not matched that of the S&P 500. This leads to a downgrade for the iShares MSCI Australia ETF from buy to hold.
Seekingalpha
EWA: Downshifting Australia To Neutral Heading Into 2025

EWA: Downshifting Australia to Neutral for 2025

The Australian stocks have exhibited significant performance in 2024; however, they continue to lag behind the S&P 500. As we look forward, it is important to reassess investment strategies.

Performance Overview

  • A strong 2024 yield in Australian equities
  • Comparison with the S&P 500 shows a performance gap

In light of these considerations, we find it necessary to downgrade the iShares MSCI Australia ETF (EWA) from buy to hold.

Market Sentiment

  1. Investor confidence remains uncertain
  2. Expectations for broader economic stability

In conclusion, while Australian stocks have performed admirably, the shift to neutral reflects current market realities. For further information on Australia’s economic landscape heading into 2025, stay tuned for updates.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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