Weekly market update 17-11-2023

Shares up in the US, Eurozone and Japan but not in China; inflation is continuing to fall about as quickly as it went up; Australian wages & jobs are proving to be not strong enough for another RBA hike; and more.

Planning for a (much) longer life

Planning for a (much) longer life We generally need to make earnings from 40 to 50 years in the workforce extend across what could be 80 to 90 years of living. Australians today need to do something our parents and grandparents didn’t even think about – plan for a long life, and a new report shows the benefits of planning for longevity go beyond money matters. The gift of an extra decade Australians enjoy one of …

Econosights – The end of Japanese stagnation?

Econosights – The end of Japanese stagnation? Key points Years of low growth and inflation are gradually turning around in Japan thanks to the slow-moving impacts of Abenomics combined with a strong global economy. A lift in growth and employment reforms are increasing participation in the labour market, adding to an already tight labour market. Recent wage agreements will add to inflation. The solid economic cycle and good corporate health is positive news for Japanese …

Lessons from the Blue Zones: how to live longer – secrets of a long life

  Lessons from the Blue Zones: how to live longer – secrets of a long life The parts of the world where people live longest may hold the key to the fountain of youth. We explore how to live longer and uncover the Blue Zones’ secrets of a long life. There are five global hotspots where researchers have identified that people live longer, healthier lives than the rest of us. Known as the Blue Zones they are: …

China’s consumers swapping Christian Dior for campuses and kangaroos

China’s consumers swapping Christian Dior for campuses and kangaroos Big-ticket acquisitions of Australian resources, office towers and luxury homes by Chinese corporates and billionaires are grabbing headlines. However, it’s the country’s middle class that is powering a spending shift set to benefit Australia longer term, says AMP Capital Chief Economist and Head of Investment Strategy Shane Oliver. “Chinese consumers are showing signs of shifting their focus from status-linked luxury goods like a Christian Dior handbag …