Dow Jones, up ~0.3%
S&P 500, up ~0.3%
Nasdaq, up ~0.2%
Aust dollar, US74.2c
Let's start the weekend with two personal anecdotes that tell us about strategic investment changes.
The first concerns a young relative who married a year ago. He and his income-earning wife have been in the market to buy a house. Their first encounter with the banks gave them the ability to spend about $400,000 in Melbourne but months later they found their particular bank had become easier to deal with and they discovered they could spend $450,000.