Wry & Dry #31-25 Election signs. Budget smudge it. Me, too.
It was the worst kept secret since Trumpster’s barely sentient defence leaders sloppily announced to the world that the US was going to bomb a part of Yemen. And the secret was Albo announcing that we-the-suffering-people of this land girt by sea will have to endure 35 days of electoral hell.
The unbelievably boring and insipid Albo in the red corner; the earnest and humourless Top Gun Pete in the blue corner; the narrow-minded and Trotskyite Adam Bandit in the green corner; and the colourless Teals in the teal corner.
Oh, Death. Where is thy sting?
Federal Budget Review and Healius results
Markets remain more volatile than they were at the beginning of the year, but the volatility is continuing to decrease. Now, it is mainly dependent on the musings of Trump and his inconsistent economic policies. Underneath the noise, however, the rotation between sectors sees the market moving away from expensive momentum and uncertain future growth.
This week we focus on some stock-specific, long-term economic and overall ASX market impacts from the federal budget.
Plus, read details from the results for Healius, which also staged a comprehensive Strategy Outlook Day for analysts and investors this week.