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1.Market Observations, 8.Was Sticky

26 Oct 2016 (TheAge,SMH) – There’s a bear out there – US Presidential election – PART THREE: As risky as terrorism

(26 October 2016, The Age, p13, How the US election will change Australia – A three-part series by Peter Hartcher.)

‘The choice, the chief economist told the board, was between a “paradigm shift” and “endless mediocrity”. The peak body for Australia’s industry superannuation funds, managing a quarter of a trillion dollars for 5 million investors, wanted to know what effect Donald Trump or Hillary Clinton would have on the economy for the next four years. That was the choice, Stephen Anthony told Industry Super’s advisory board.’


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