Dear %%first_name%%,
Prime Minister Kevin Rudd has finally ended speculation and called an election for September 7. The obvious question that needs to be answered for you, our readers, is which side will deliver the best outcome for investments and the stock market. Read my answer below.
We bring you Charlie AItken’s words of wisdom today, instead of our usual Thursday, as he has a very special prediction of 6000 on the anniversary of his “end of the bull market” call 12 months ago. Charlie’s big bets are the Big Four and four other financials.
Also in the Switzer Super Report today, our Stock in Focus, courtesy of Greg Fraser, is Amcor – their split could augur well for investors – and Paul Rickard provides a monthly update on our Switzer Super Report portfolios. We continue to outperform the index in both our portfolios!
And not only are we into election mode, we’re also now well into annual reporting season with Challenger, Downer, Cochlear, Rio and Telstra all announcing their results this week.
Penny Pryor explains that the real estate rebound is shifting beyond Sydney and in our chart of the week, Lance Lai has a look at the ASX 200. He is pretty happy with how things are going too. Rudi Filapek-Vandyck examines broker activity, with upgrades on Leighton Holdings and Telstra.
Sincerely,
Peter Switzer