- Switzer Report - https://switzersuperreport.com.au -

King of the currencies – US dollar

I strongly advise you that you need to position yourself mentally for a period of increased volatility in global and Australian equities.

The days of buying every trading dip and smooth upward sailing in equity indices are coming to an end as the Federal Reserve comes to an end of its Quantitative Easing (QE) program and starts the process of US interest rate normalisation.

You can see this already occurring in Australian equities, with the ASX200 basically flat for 2014 year-to-date and down 10% in US dollar terms for September alone, led down by the heavyweight banks.