This week we examined several gold stocks that are benefiting from QE3 and a weakening Australian dollar on local rate cuts, as well as a range of gold juniors threatening to breakout.
We also dug into the long-ignored space of building materials on the basis that the RBA will have little choice but to pursue policies aimed at stimulating new house building as the mining boom recedes and all of those “adjusted” construction workers head back home. As the week wore on, this became a theme in the wider investment community and many of the stocks in the space are already moving.
Hedging bull and bear traps, a no-holds barred look at a Bendigo hybrid and a study of the fundamentals of Australia’s smaller city house prices were other themes.
As you can see above, portfolio performance took flight again this week: MacroIncome is up 7% annualised, MacroGrowth is up 13% annualised and MacroTrades is up 39% annualised.
On Monday, the trades that make up the MacroTrades portfolio will go live in real time for subscribers.
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