Dear %%first_name%%,
It’s day two of our Magic Malcolm rally but of course, it’s not all because we have a new PM, although I do think that’s got a lot to do with it. This market movement is all about the Fed. As Charlie Aitken says today, and I said on Monday, this looks like a real case of sell the rumour and buy the fact.
All will be made clear tomorrow morning at 4am, so stay tuned!
Also today Charlie explains why this is a great environment for low frequency investing – taking some time and setting yourself up for long-term profits. Tony Featherstone updates our takeover target portfolio and adds Qube, and in Buy, Sell, Hold – what the brokers say, Rio and Woodside get upgrades.
We also have a Fundie’s Favourite from chief investment officer at Contango Asset Management, George Boubouras, who explains why Sydney Airport Holdings is flying high and in Questions of the Week, Paul Rickard answers a great inquiry from a reader on how to set up a portfolio for retirement.
Sincerely,
Peter Switzer