Dear %%first_name%%,
With the US government in shutdown mode for a week now, and a debt ceiling deadline of October 17 looming, it’s only normal that we’d see predictions of a pullback for stocks. And one such forecast tips a 13% drop! I look at the arguments for and against this in my note today, as well as the Hindenburg Omen…
Also in the Switzer Super Report, Macquarie has risen significantly in the past few years, so James Dunn analyses whether the investment bank has run too far. Veteran investor Chris Cuffe talks about his philanthropic endeavor, fund-of-fund Third Link. Rudi Filapek-Vandyck reveals what the brokers are saying; Alumina and Retail Food Group both received an upgrade. And Penny Pryor takes a look at the Australian property market where Sydney home values surged 10%, followed by Melbourne.
Have a great day.
Sincerely,
Peter Switzer
In this month’s Switzer Super Report webinar, Paul Rickard and I covered everything from the current situation in the US and how it could affect your investments, to property strategies and local stock insights. Watch this month’s webinar here, and please join us at our next webinar in November!