Dear %%first_name%%,
Welcome back to the Switzer Super Report for 2014. As I look into my crystal ball for 2014, I see only good things! Finally things are getting back to normal, US economic growth is well on the recovery path, the US dollar is getting stronger and markets will rise.
My big prediction for 2014 is that stock markets will hit 6000. And before you start thinking that’s a big call, remember that’s still well off the pre-GFC high of 6800 reached over six years ago.
In our report today, not only do you get to read about my predictions for the year ahead, but James Dunn also looks at the big themes for 2014. Companies that report in US dollars, like BHP, RIO, CSL and Woodside, look set to benefit from a stronger greenback. Also today, Tony Featherstone looks at the resources sector and favours ‘blue chip’ producers such as BHP. For the risk taker, he makes a contrarian call on Newcrest.
But the thing I’m sure most of you will be most excited about is our portfolio results for 2013 by Paul Rickard. Our income portfolio returned 24.36% and the growth-oriented portfolio 27.55%, beating the accumulation index by 4.2% and 7.3% respectively. That’s something we’re pretty proud of.
Sincerely,
Peter Switzer