Economy

and triggering (another) correction in the share markets...

Key points

• The trade war between the US and China is escalating, posing a rising threat to global growth.
• Although we remain of the view that a deal will be reached, the risk has increased.

<3 class="lead">Happy end of financial year! Bill Bracey of Sydney Financial Planning provides an economic update for the new financial year (July 2019).</3>

...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. 
  Read more …

...but there’s a few storm clouds around.

Key points

• 2017-18 saw strong returns for diversified investors, but it was a story of two halves with strong December half returns but more volatility in the past 6 months.
  Read more …

A simple and practical summary of main changes involving majority of our clients.

Remember, at this stage these are just proposals and not yet law, which means things could change as legislation passes through parliament.

Over the past 5 years, I have written annually where I thought the property market was, and what was likely to happen moving forward. So far I’ve had a 100% success rate. I guess I wouldn’t be writing this if I got it wrong.

...a bit of turbulence hits markets. 3 reasons not to be fussed.

Key Points

• Central banks beyond the US are edging towards an exit from easy money. This is likely to cause bouts of volatility in shares and a rising trend in bond yields.
  Read more …