Looking at your spending in a new light could make a substantial difference to your financial future. The 50/20/30 budget rule works for one main reason – it’s easy. You’re new to budgeting. You know how much money you make and have a rough idea of how much you spend. But you’re not really sure about what, exactly, you’re spending it on, or if your spending patterns will benefit you in the long run. The …
Key points The rout in financial markets has continued, on the back of coronavirus, made worse by a flow on to oil markets. The risk of a deeper hit to economic activity has risen. Key things to watch are the daily number of new cases, measures of economic stress and policy stimulus. Key things for investors to bear in mind remain that: share market falls are normal; selling shares after a fall locks in a …
Investment markets and key developments over the past week Share markets had a very volatile week – helped initially by more policy easing globally with both the Fed and the RBA cutting interest rates but only to get hit again by intensifying coronavirus concerns. While Chinese shares briefly made it back to their January high and had a strong week, Eurozone, Japanese and Australian shares fell for the week. The Australian share market got some boost …
International Women’s Day and the art of listening For all the complications of the gender divide in the corporate world, the basics of listening – to clients and to employees – is a simple part of a bigger remedy. The chasm between men and women with pay, workforce representation and economic independence draws a flurry of debate every year, particularly around International Women’s Day. It also creates a lot of noise and distraction from working …
The company earnings reporting season was best described as mixed, but probably better than we feared. The Australian share market hit a new record high in the middle of the reporting season before it got whacked by concerns over coronavirus. The ASX 200 reached a record close of 7,162 points on February 20 before joining Wall Street in a sell off that was fanned by fears over the effect of COVID-19 on the world economy. …
The Reserve Bank board has cut interest rates again by 0.25% at their March meeting, their fourth such cut since June last year. The move comes largely in response to the uncertainty caused by the global outbreak of the coronavirus (Covid-19), and up until about last Friday I’d have said it was a close call as to whether the bank would cut or stay put. The run of soft domestic economic data over the past …
Key points Share markets have fallen sharply over the last week or so on the back of coronavirus concerns. Shares may still have more downside and the uncertainty around the coronavirus crisis is very high, but we are of the view that it’s just another correction. Key things for investors to bear in mind are that: corrections are normal; in the absence of recession, a deep bear market is unlikely; selling shares after a fall …
Investment markets and key developments over the past week US, European and Japanese share markets plunged around 10% over the last week on the back of a rapid escalation of new coronavirus (Covid-19) cases outside China – notably in Japan, Korea, Italy and Iran – and concern that (whether its labelled a pandemic or not) it will disrupt economic activity more deeply and for longer than had been expected a week or so ago. Chinese shares …
Webinar: Themes from the first reporting season of the decade AMP Capital Fund Management Limited (ABN 15 159 557 721, AFSL 426 455) (the RE) is the responsible entity of the AMP Capital Equity Income Generator (ARSN 165 631 818) (Fund) and the issuer of the units in the Fund. This document has been prepared by AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) (AMP Capital), which has been appointed …
The market is feeling very confident that profits accelerate from here and has been very generous in looking beyond some relatively weak results for the second half of FY18-19, and although it is probable that similar results will be unveiled at the first half of FY19/20 in February, we believe it is still optimistic to expect a major rebound in profits given the current low growth and the building headwinds such as bushfire fallout and …
