Dear %%first_name%%,
It probably shouldn’t come as a surprise but the Greeks have voted ‘no’ to austerity measures. Prime Minister Alexis Tsipras says this means he’ll be able to bargain better with the country’s creditors – but we will see. In the long run, it might be better for the country.
As one of the first country’s trading after the Greek vote, Australia didn’t do that badly today, but it will be the European market reaction tomorrow to keep an eye on.
In the Switzer Super Report today, Tony Featherstone shares four ways to gain access to the next big megatrend of the growing Asian middle class and James Dunn has five funky ETFs.
Paul wraps up our portfolios for the month – we continue to do better than the benchmark and are up over the year to date – and in Buy, Sell, Hold – what the brokers say, Iluka and Woodside get upgrades.
Our Super Stock Selectors are mostly unified in their dislike for Fortescue this week, and our property report shows that we’re still going to auctions in droves.
Sincerely,
Peter Switzer