The skills you need for big money choices

The skills you need for big money choices Even when you’ve got the skills to budget for your household, making big financial decisions can seem beyond you. You might feel like you lack the knowledge or confidence to plan for your financial future, instead of just managing day-to-day. So just what is that holds you back from getting in control of your finances and feeling confident about your future? In a 2018 report from UBS, …

Weekly Market Update 18 January 2019

Weekly Market Update 18 January 2019 Investment markets and key developments over the past week Share markets continued to rise over the last week helped by talk of policy stimulus (notably in China) and optimism of a resolution to the US/China trade dispute. Bond yields rose in the US but were little changed elsewhere, commodity prices including oil rose and the $US rose slightly which saw the $A fall slightly. After a great rally since Christmas …

Econosights – An update on Brexit

Econosights – An update on Brexit Key points Brexit defeat could be a positive for the UK and Euro economies   Theresa May likely to survive vote of no confidence   The impact on Australia of Brexit uncertainty is minimal While Theresa May’s proposed Brexit plan suffered a large defeat in the UK parliament overnight, it may actually result in a “softer” Brexit outcome overall, which would be positive for the UK economy (and by …

2019 – a list of lists regarding the macro investment outlook

2019 – a list of lists regarding the macro investment outlook Key points Despite continued volatility, 2019 is likely to be better for diversified investors than 2018 was.   Recession is unlikely and so too is a long and deep bear market in shares.   Watch the US trade war, the Fed, global business conditions indicators, Chinese growth, politics and the Sydney and Melbourne property markets. Introduction 2017 was a great year for well diversified …

The five big fears that shaped 2018

The five big fears that shaped 2018 After solid returns and relatively low volatility in 2017, many investors entered 2018 fairly optimistic, however we expected returns would be more constrained and more volatile than they were last year. Looking at the big picture, global growth was good, we saw relatively low inflation globally and the Australian economy grew at a reasonable rate. Five big fears But five big concerns came together to deliver a surprisingly …

Weekly Market Update 11 January 2019

Weekly Market Update 11 January 2019 Investment markets and key developments over the past week Since our last weekly update three weeks ago investment markets have been on a bit of a roller coaster ride, with Santa missing Christmas for markets but arriving the day after. Global shares led by the US continued to plunge into Christmas as the US saw the start of a partial government shutdown taking the decline in the US share market …

The Aussie economy in 2019; it’s not boom but it’s not doom either

The Aussie economy in 2019; it’s not boom but it’s not doom either Investors might be confused about the mixed news coming out late last year for the Australian economy and what it means for returns and rates. Economic growth has been okay, and unemployment has fallen to five per cent which is quite low by Australian standards. But we’re also seeing ongoing weakness in house prices. Some say house price falls could be worse …

Weekly Market Update 21 December 2018

Weekly Market Update 21 December 2018 Investment markets and key developments over the past week The past week saw share markets fall further on the back of ongoing worries about growth not helped by a “not dovish enough” Fed, a lack of new measures to address China’s slowdown in a speech by President Xi Jinping, threats to US/Chinese negotiations, worries about a US government shutdown, a court ruling against America’s Affordable Care Act and problems at …

How to spend mindfully this Christmas

How to spend mindfully this Christmas Some ways to manage your money and your time this festive season. It’s the morning after the night before. You wake up on Boxing Day and stumble into the lounge room to face what looks like…Armageddon. There’s wrapping paper strewn all over the floor, every surface is covered with toys and knick-knacks that seemed like a good idea at the time and the recycling bin is already choc-a-block full …

The Fed and market turmoil – the Fed turns a bit dovish but not enough (yet)

The Fed and market turmoil – the Fed turns a bit dovish but not enough (yet) Key points  The Fed has raised interest rates for the ninth time since first raising rates this cycle three years ago, taking the Fed Funds rate from a range of 2-2.25% to 2.25-2.5% reflecting ongoing confidence in US growth.  However, with US interest rates approaching the “neutral” zone, some interest sensitive sectors slowing, with various headwinds to growth, and …