An article
in the Australian Financial review this week suggested that there was an opportunity
for canny investors in retail shares.
It said
that retail gloom and the hammering that retail share prices had received over
recent times had led to an under-valuing of the sector and potential for an
upswing. Apparently leading fund managers are looking at retail sector shares
in a new light with a view to increasing their exposure.
We are not
sure if that automatically means improved profits for retailers but maybe
buying a bigger wallet and perhaps buying some retail shares might be a good
each way bet.