Dear Malcolm, Calling an election on Mother’s Day is selfish…

Good Morning,

Trust that you had a nice weekend a, spent some quality time with family & friends and a great Mother’s Day…

“Dear Malcolm,

Yesterday wasn’t all about you…. It was about our hard-working mothers, who give back so much to their families and the economy, itself…

Couldn’t you have just waited for this morning to announce a 2 July Election?

Why the urgency?

You already came out with a “lacklustre budget”, announced last week that questions superannuation contributions and Australia’s economic growth…

We now need you to stop “sitting on the fence” and start delivering….

We really don’t want to have our 7th Prime Minister in 7 years…

It’s becoming too much…


The Peak Team”

On Friday night, US stocks rallied (Dow+ 97 points), as 160,000 new jobs were created last month vs. 200,000 expected ..

The weak growth numbers is a concern and to us, we don’t see interest rates rising in the US in the near-term…

So… What's on today?

Local data: NAB business confidence April, ANZ job ads April

Overseas data: BoJ March meeting minutes, Japan consumer confidence April; UK Halifax house prices April, Germany factory order March; US labour market index April

Fed speakers: Minneapolis boss Neel Kashkari, Chicago president Charles Evans

Earnings: Liberty Interactive, Tyson Foods, Xcel Energy, HCP, Silver Wheaton, Inter Pipeline, Sotheby's, Intrepid Potash, AES, Liberty Global, Enel, PostNL, Europcar Groupe

Stocks in focus

***CBA trading update, Orica results

The SPI is up 22 points this morning.


Rubbish. It had no impact on my day and no one even mentioned the election to me. We have 8 weeks to consider things when 8 days would be enough with 2016 communications so you just had to ignore the announcement for a few hours. If you are in the micro group who can't do that then that is your problem.

Wow. As a mother I can confidently say it had no impact at all.

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