Dear %%first_name%%,
US economic growth rate came in below expected over the weekend, growing at an annualised rate of just 1.2% in the second quarter, which has made me a little negative. Today I look at the worrying, and positive, news out there.
Also in the Switzer Super Report, Paul Rickard updates our growth and income portfolios, both of which surged in July. And James Dunn looks at what we can expect this reporting season with the outlook for the first week.
Plus, in Buy, Sell, Hold – what the brokers say, brokers put Graincorp in the good books while Macquarie and CSR were in the not-so-good books. And in Super Stock Selectors, Rio Tinto was on the likes list, while Metcash was on the dislikes list.
It’s the first week of August, which means we’ll have our monthly webinar this Friday 5 August at 12:30pm EST. Click here to register. Remember you can ask questions live during the session or send them to subscriber@switzer.com.au before 4pm on Thursday.
And don’t forget, our Hunt for Yield series kicked off last week. Watch Episode One and Episode Two today.
Sincerely,
Peter Switzer