Wry & Dry #36-26 Uncle Albo’s hairy chest. Trumpster and the 25th amendment. Poisoned chalice.
Wry & Dry returns from his travels to an unchanged world. Consider: Trumpster is still trying to work out how Iran had the temerity to close the Straits of Hormuz when he expressly told them not to. The UK’s fabric is still being washed away by political incompetence not seen since George III & PM Lord North thought to tax the colonialists in North America but not give them the vote.
Victoria’s premier still thinks that massive debt is the stairway to heaven. But Uncle Albo has found a minister who understands that it is not.
Bonus: there’s extra cartoons from Patrick Cook. The world needs a laugh at the minute.
CSL deep dive
In this week’s Investment Matters, confident that the many twists of Iran, the Australian political malaise, and prognostication on interest rates can wait another week, if not longer, we return to the discussion of stocks.
We felt it was useful to revisit CSL Limited, a great Australian company with a valuable global franchise that has underperformed as a stock in recent years.