Yet more late-comers say buy miners

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Coppo says load up, at the AFR:

It’s game on. To make money from now until the end of the year investors should be ditching the yield play stocks and buying up the banks and cyclical stocks.

The Australian dollar is also heading to at least US 80 cents so be warned any stocks with offshore earnings might not get the kicker they once did.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.