Three forecasts for the year ahead

Retailers will shine, miners will struggle further, while innovators in banking and health services will win big … here’s why.

Summary: Three unusual forecasts can tell us something about key sectors in the year ahead. As consumers start spending again, retailers have a chance for a good Christmas. In mining, the iron ore price could fall a lot further, which would weigh on resources stocks. Innovators in financial services and health are set to take advantage of interest from global entrepreneurs.

Key take out: It’s good news for the Australian share market that there are companies seeking to expand in areas of interest to US financiers.  

Key beneficiaries: General Investors. Category: Shares.

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