Dear %%first_name%%,
Market highs can make anyone nervous, and I’d be lying if I said I wasn’t just a little bit surprised that we haven’t seen a little correction in our big bull market yet. But that doesn’t mean I think we’ll eventually head back down to GFC levels.
Today I look at what the frequency of corrections can tell us about the overall direction of the market, and explain why I agree with those experts who say we’ve got a long way to go up, before we go down a little.
Also in the Switzer Super Report today, James Dunn looks at AMP, it has been a big week for the insurer after some write-downs late last week. For Switzer Super Report readers in pension phase, we also have a very interesting article on an alternative product to indexed annuities from life insurance companies.
In Buy, Sell, Hold – what the brokers say, Bendigo & Adelaide Bank was upgraded as Atlas Iron and Mortgage Choice were downgraded. Residential property had another Super Saturday with 3,000 properties going under the hammer at capital cities nationwide, and Charlie Aitken’s CBA chart shows further steam under the bank.
Sincerely,
Peter Switzer