2006 Winners and Losers
The economy has reached a point that has previously triggered a recession, but this time round most of the usual threats have been removed, except the risk of loose spending by Canberra, says ANZ's chief economist Saul Eslake. His latest review is attached.
| PORTFOLIO POINT: At this point in the economic cycle, stocks with a strong exposure to exports should benefit - retail stocks exposed to discretionary spending may struggle. |
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