Dear %%first_name%%,

I’ve been warning my regular readers of a pull-back and it appears it’s here with the Australian market down today following the 205 point drop in the Dow Jones index on Friday. But I’m not concerned, and I tell you why in my note.

Also in the Switzer Super Report, the Federal Government today released their Mid-Year Economic and Financial Outlook and it contained two changes that impact SMSF trustees; Paul Rickard explains what these are. Plus, Rudi Filapek-Vandyck has done a special analysis on Newcrest. Is this gold miner poised for a comeback? I hope you enjoy today’s report.



Sincerely,

Peter Switzer

Concerns about the US economy and Europe's debt problems have eased, but they haven't dissipated completely. Here what George Boubouras from UBS has to say about how the US and Europe will impact our markets in Is the Europe problem really over?