Carr: Seven calls for 2014

Australia will outperform, but there are certain areas to avoid.

We start 2014 with the most benign economic backdrop and outlook in about seven years. Things look pretty good right now for investors, and the seas are the calmest they’ve been in a long while.

It’s been a consistent feature for each of the last five years that each successive year has been less volatile than the one before. This isn’t great for traders, or investment banks, but it’s fantastic for investors.

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