Dear %%first_name%%,
Today we waited for the latest data out of China before we updated our report and let me tell you it wasn’t as bad as many were predicting. That doesn’t mean it was great, merely that it was ok. I’m still going to be watching any data out of the Middle Kingdom very carefully, as it has such a big impact on global growth and Australian market activity.
Although this up-and-down market is a little nerve-wracking, I’m still not a gold fan – I don’t touch anything I don’t understand – but for those of you who do have an interest, today in the Switzer Super Report we have an article on the outlook for the yellow metal from Jordan Eliseo, chief economist at ABC Bullion, for a contrarian view.
Paul Rickard also takes a look at the new hybrid securities from Westpac, James Dunn examines the millionaires’ factory Macquarie and Tony Negline explains where all the super legislation is at.
In Rudi Filapek-Vandyck’s broker update, Computershare and Lend Lease get upgrades and Sydney records an auction clearance rate of over 80% in Penny Pryor’s auction report.
Sincerely,
Peter Switzer
You could be in the Switzer Super Report. If you have an SMSF and are interested in sharing your experiences, contact us at subscriber@switzer.com.au and you could feature in our regular My SMSF article.