Dear %%first_name%%,
Last week I told you why I think banks will be a great investment. In today’s note, with the latest US jobs report not as great as expected, I take a look at the global economic conditions needed for better bank share prices locally.
Also in today’s Switzer Super Report, Paul Rickard provides an update to our growth and income portfolios – both finished May in the black. Plus, Barrie Dunstan explains why he believes the $1.6 million super cap is too low.
In Buy, Sell, Hold – what the brokers say, ASX was in the good books, while Treasury Wine Estates was in the not-so-good books. And our Super Stock Selectors like Resmed, but not the overvalued discretionary stocks.
Sincerely,
Peter Switzer
Did you know?
Unsure on where to find yield in this low rate environment? Paul Rickard and I discussed this and more in the latest Switzer Super Report webinar.