Switzer on Saturday

A great US economy trumps Italian EU exit and tariff talk

Founder and Publisher of the Switzer Super Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
24,635.21
219.37
0.90%
-0.48%
S&P 500
2,734.62
29.35
1.08%
0.49%
NASDAQ
7,554.33
112.22
1.51%
1.62%
ASX 200
5,990.40
-21.50
-0.36%
-0.70%
Data for week commencing 28 May 2018

I’d call this extraordinary year of madness and mayhem for stocks a barrel of laughs if it wasn’t hurting the bottom lines with our portfolio of stocks and my favourite listed fund. But I do believe good sense will prevail and higher share prices are in prospect.

I have an image stuck in my head of Donald Trump looking like Babe Ruth (they have similar builds) standing with a big lump of wood, readying himself to hit Europeans, North Koreans, Russians, Chinese and lefty Democrat types and journalists out of the park! And helping him stand tall, despite his frequent frailties, is a strong US economy and very solid earnings of US companies.

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