Dear %%first_name%%,
October is historically tough for stocks – both the crashes of 1920 and 1987 happened during this month, and the GFC geared up on November 1. So what about this year? Experts are talking about a black swan event, but can we trust them? I test out this theory in today’s note.
Also in the Switzer Super Report, Paul Rickard is back from a 3-week trip to the US, and has some first hand observations about how the economy is tracking. While Australia isn’t the first country you think of when it comes to tech stocks, there are a number of companies exposed to the big IT themes of cloud computing and the Internet of Things, which James Dunn reveals today.
In this week’s Buy, Sell, Hold – what the brokers say, NIB and Fortescue were both upgraded. And the experts like three of the big four banks and OzForex in Super Stock Selectors.
Sincerely,
Peter Switzer