Lentan abstinence over, Wry & Dry's recovery indulgence...
...couldn't disguise a dismal share-market March quarter (minus 3.6%, before dividends). Which kept the Fiscal Year to Date return still negative (minus 5.5%). Banks are the big culprits in the market's gloom, returning an average of minus 14% FYTD. Those who eschewed the banks are big winners.
Elsewhere: Clinton is hot favourite to become the first female US president, with Napoleon Turnbull an even firmer favourite to win the Australian election, notwithstanding his latest 'seems-like-a-good-idea' idea. Putin has another problem. Could Schengen cause the demise of Eastern Europe? And New Zilanders to remain happy.
Read on, Wryly and Dryly...