Weekly Market Update – 30th September 2022
Investment markets & key developments Share markets fell sharply again over the last week in response to continuing hawkish central bank comments and rising recession fears not helped by a mini fiscal crisis in the UK. This capped of sharp falls for the month with US and global shares down around 8%, which saw September live up to its reputation as the weakest month of the year for shares. Reflecting the poor global lead Australian shares also fell around 1.5% for the week with falls [...]
Weekly Market Update – 23rd September 2022
Investment markets and key developments over the past week Share markets fell sharply again over the last week in response to another round of hawkish rate hikes pushing up bond yields and adding to recession fears and with a threatened intensification of the war in Ukraine adding to worries. Reflecting the poor global lead Australian shares fell around another 2.7% with falls led by interest sensitive IT, property, utility and retail shares. Bond yields rose as ever higher short-term interest rates for longer were factored in. [...]
A Finsec View – DINs, Managing Uncertainty, Greetings from Bath and More
23rd September 2022 It might not feel like it when you're at the supermarket checkout, but according to investment bank Credit Suisse, Australians are now amongst the world's wealthiest people. Almost 2.2 million Australians are millionaires after soaring asset prices pushed another 390,000 adults onto the top rungs of the global wealth ladder. Making Australia one of the richest countries in the world - and Australians its wealthiest inhabitants, with a median net worth of $US273,900 ($409,907) at the end of last year. For critics [...]
Weekly Market Update – 16th September 2022
Investment markets and key developments over the past week Share markets fell sharply over the last week, reversing their rally from the previous week’s lows as US inflation surprised on the upside adding again to Fed rate hike expectations. The poor global lead saw Australian shares fall back to their lows of the previous week with falls led by property, health, consumer staple and industrial shares. Bond yields rose as higher short term interest rates for longer were factored in. Oil, metal and iron ore prices [...]
Weekly Market Update – 9th September
Investment markets and key developments over the past week Sharemarkets were mostly up over past week, with the US lifting by 2.1%, Australia +0.7%, Japan +2.1% and China +2.3%. The exception was in the Eurozone where equities fell by 0.9%. After global sharemarkets rallied hard from mid-June to August on expectations of a “central bank pivot” from aggressive rate hikes, shares had been on a downtrend since then as central banks have remained hawkish and economic data has been solid (which means that further rate hikes [...]
A Finsec View – BT Panorama Clarity, Lessons from Reporting Season, The Ultimate 1 Pager, Ethical Investing & BID and More.
9th September 2022 This week's View comes to you from Hahndorf in the Adelaide Hills, where the FinSec team have just wrapped up two days of knowledge sharing, strategy and personal development. It is valuable time that we spend away from the 'business as usual' unpacking and re-framing the business challenges and exploring new opportunities. It also happens to be show week and a great reason to escape the hustle and bustle of Wayville! In discussing the current industry landscape, it was top of mind that [...]
Weekly Market Update – 2nd September
Investment markets and key developments over the past week Global share markets remained under pressure over the last week on the back of continuing mostly hawkish comments from the Fed and ECB and ongoing concerns about recession. Australian shares had remained a bit more resilient through August than global shares did (helped by mostly positive earnings reports) but are now coming under pressure too with falls over the last week led by miners, energy, utility and IT stocks. Bond yields rose sharply as higher short term [...]
Five trends for the next five years and ‘controlling the controllable’ – SA Leaders
Our Managing Partner, Andrew Creaser presents for SA Leaders: Five trends for the next five years and 'controlling the controllable'.