A FinSec View – Markets, Wealth Wisdom, Protecting your nest egg and more…
15th September 2023 Navigating by the stars under cloudy skies - Jackson Hole’s inflation forecast The majestic Grand Teton mountain range in Wyoming, US, provided a striking backdrop for the high-profile annual Jackson Hole economic retreat last month, with financial markets watching the event as closely as the area’s native hawks. The annual get-together of top central bankers (including our own Dr Philip Lowe for the final time before he passed the baton to Michele Bullock) is significant, because it affirms the Federal Reserve’s posture [...]
Weekly Market Update – 11th September 2023
Investment markets and key developments After a couple of weeks of gains global share markets fell again over the last week on renewed concerns about more central bank rate hikes, higher oil prices as Saudi Arabia and Russia extended production cuts, a rebound in bond yields and concerns about China’s economy and its plans to extend its iPhone ban. For the week US shares fell 1.1%, Eurozone shares fell 1.2%, Japanese shares fell 0.3% and Chinese shares fell 1.4%. Following the weak global lead and given worries [...]
Weekly Market Update – 30th August 2023
Investment markets and key developmentsAfter three weeks of falls, global share markets managed to rise over the last week helped by softer economic data easing concerns about higher for longer central bank interest rates, the ongoing interest in AI supported by strong sales at Nvidia and no hawkish surprises from Fed Chair Powell’s Jackson Hole speech. For the week US shares rose 0.8% and Eurozone and Japanese shares gained 0.6%. Worries about the Chinese growth outlook continued to weigh on the Chinese share market though and it fell [...]
Weekly Market Update – 11th August 2023
Investment markets and key developments Share markets were mixed over the last week, on the back of higher energy prices and ongoing upwards pressure on bond yields. For the week US shares fell 0.3% and Eurozone shares fell 0.4%. Chinese shares also fell 3.4% with weak data. But Japanese shares rose 0.9%. Australian shares rose 0.2% with gains led by consumer discretionary, energy and financial stocks partly offset by IT, consumer stables and materials. Bond yields rose in the US and Europe but fell in Japan and [...]
A FinSec View – Market Update, Supercharge your retirement, monthly moves and more
11th August 2023 Analysts of late seem to have taken a cue from a classic suspense movie - dramatic, unpredictable, and leaving us a little scared to look. The script is laced with economic intrigue, with job data serving both as the protagonist and antagonist, inflation stealing the show, and the Central Bank's next move dripping with tension. Such is the current nature of 'things' that the perpetual output from many of these analysts look like contradictory guesses. Forecasts read a couple of days after [...]
Weekly Market Update – 4th August 2023
Investment markets and key developments Global equities fell over the past week off the back of a rise in global bonds yields, a risk-off sentiment in markets partly related to the US credit rating downgrade and recent strong gains in shares which made them vulnerable to a pull-back. US S&P500 shares were down by 1.9% (but are up by a massive 17% since the beginning of the year), Australian shares fell by 1.3%, Eurozone shares declined by 3.6%, Japanese stocks declined by 1.6% and Chinese shares [...]
A FinSec View – Fridayitis, Productivity problems, IWT fundamentals, RBA flip the script and more.
31st July 2023 Esteemed readers, we extend our sincerest apologies for the postponement of our usual Friday newsletter. Alas, the elusive "Fridayitis" mischievously intervened, causing a slight disruption to our regular schedule. While the allure of Friday's impending weekend escapades is undeniably captivating, there's a special charm to discovering something on Monday. Amidst the bustle of fresh possibilities and renewed focus, we hope delving into a captivating read can invigorate your week. With this we hope you embrace this Monday's offering - Happy reading! Market [...]
Weekly Market Update – 28th July 2023
Investment markets and key developments Global shares rose over the last week being buoyed by increasing confidence that central bank interest rates are at or close to the top and solid US earnings reports, despite a brief set back with the BoJ moving to loosen its yield curve control. For the week US shares rose 1%, Eurozone shares rose 1.4%, Japanese shares rose 1.4% despite a brief dip following the BoJ move, and Chinese shares gained 4.5% on Chinese stimulus hopes. Despite a fall on Friday [...]