Be a smart gift-giver this holiday season

Be a smart gift-giver this holiday season After a year like no other, many of us are looking forward to a relaxing holiday season shared with family and friends. Check out these easy ways to stretch your Christmas gift budget further, so you can enjoy more family time, without the financial drama. With positive news about a COVID-19 vaccine on the horizon, many consumers are feeling buoyant heading into the Christmas season. In fact, consumer …

Markets craving guidance ahead of August reporting woes | AMP Capital

Markets craving guidance ahead of August reporting woes For many big corporates, the upcoming earnings season will be the first proper chance for the market to assess the damage of the COVID-19 pandemic. How will markets respond and what could investors do to insulate themselves from the fallout? With the Robin Hood rally running out of steam, swap a sword for a shield For Australian equities, the beginning of the new financial year is likely …

A mixed reporting season – share market hits new high before coronavirus correction | AMP Capital

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. …

US reporting season and the tech sector

US reporting season and the tech sector   AMP Capital chief economist Shane Oliver says revenue disappointments and slowing user growth at technology giants Facebook and Twitter is a warning that the US tech sector could at some stage underperform – or even suffer a serious correction. “What those disappointments tell us is there is a limit to the take up of social media,” he says. “At some point it will start to slow down.” …

Predictions for reporting season

Predictions for reporting season AMP Capital’s chief economist Shane Oliver says listed Australian companies are expected to produce solid overall profit growth in the upcoming reporting season, which will continue to underpin the stock market. But the results will be mixed, with banks, telcos and retailers struggling, and Australia’s profit growth will continue to lag the stellar profit growth of US companies. Oliver says he is looking for 9 per cent overall profit growth from …

How To Save Money For The Holiday Season In A Month

How To Save Money For The Holiday Season In A Month Holiday season is such a wonderful time to have fun and enjoy with your family right? Say that to someone who is responsible for the expenses that come with the holiday season and they’ll add the word “stressful” in your description of the holiday season. Let’s give you a little relief and give you ways to save for the holiday season in a month. …