Dear %%first_name%%,
As the year draws to a close and the prospect of tapering becomes ever near (and thankfully more accepted by the market), I thought it was time to have a look ahead at the big picture themes for 2014. And for all those who remember my call at the beginning of the year for the ASX to get to 5500 by December, we got within 58 points – and as I explain later and say tongue in cheek, “stop your whinging!”
Also in the Switzer Super Report today, Paul Rickard explains why BHP comes out ahead of RIO, and James Dunn explores unlisted commercial property trusts and finds some very attractive yields.
In the wake of the Qantas downgrade, Penny Pryor discovers why you should never touch airlines or “national icons”, and in Buy, Sell, Hold – what the brokers say, Rudi Filapek-Vandyck finds Cromwell Property and Oroton got upgrades, while Qantas (surprise, surprise!) and Westfield Retail Trust were downgraded.
Barrie Dunstan explains why the retirement age needs to be lifted, and calls on a sensible government to index the pension access age to increases in longevity, while auction activity settles down after a string of super Saturdays.
Sincerely,
Peter Switzer
Over the next few weeks, we’re going to have Charlie Aitken tell us his picks for 2014, but here is a sneak preview on my Sky TV show from last week.