In line with our outlook for the $US and resources MM is bullish the Australian Dollar which hopefully will coincide with many subscribers enjoying some overseas travel as the world reopens into 2022. We find it very encouraging that the local currency didn’t make fresh 2021 lows in recent weeks even as the $US rallied – we’re still targeting a break of 80c into 2022.
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Performance update for March, stocks that drove returns & our current positioning
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Tuesday 23rd April – ASX200 +26pts, Northern Star (NST), Chrysos (C79), Brambles (BXB)
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Market Matters Research Lead Shawn Hickman with David Koch
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Tuesday 23rd April – DOW up +253pts, SPI up +19pts
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MM’s is bullish the $A into 2022
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