Dear %%first_name%%,
It’s been a busy week in the markets. The Dow Jones hit an all-time high, confirming the US is well on the way to recovering, and confirming my view that the sequester was much ado about nothing.
And while the Aussie market is nowhere near its pre GFC highs of 6829, the ASX/S&P 200 closed yesterday at 5116 points, we’re still bumping along nicely thank you very much.
In today’s Switzer Super Report, Paul Rickard takes a look at a new note issue from Healthscope, quant guru Ron Bewley examines the REIT sector with a focus on big players Westfield and Stockland, and Gavin Madson explains what a flight to quality in the debt market really means.
Andrew Bloore details some of the technicalities around in-house asset rules in SMSFs and our question of the week takes a look at whether or not it’s time to buy US shares. In our new Fundies’ favourite, NovaPort Capital portfolio manager, Sinclair Currie, gives us the lowdown on Sirtex.
I’ll be back on Monday with my regular column. In the meantime keep a watch on your inbox of a Saturday.
Sincerely,
Peter Switzer
This week on my Switzer TV program I spoke to Clifford Bennett, chief economist at The White Crane Group, for his view on where the ASX200 is headed.