- George Boubouras still likes CSL, Resmed, Macquarie.
- Paul Rickard still likes the yield play, and Arrium as a high-risk trading idea.
- Peter Switzer likes Woolworths at $33.
The only thing that seems to be certain at the moment is that things will continue to be uncertain. Or as Charlie puts it, volatility is the new normal.
US dollar earners
The lower dollar will be “music to the RBA”.
“[The lower dollar] is an easy way to help out corporate Australia, that has been a little bit lazy on the structural reform. They still need that assistance in this transition phase,” fund manager extraordinaire, George Boubouras says.