Hey gang, get up to speed on this week’s financial trends with my market updates. How’s The Economy Looking Of course, Melbourne Cup day is also Reserve Bank board meeting day. The RBA wisely decided to rates on hold rather than cut again. As I’ve said before, I reckon the rate cuts are having a… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. Snapshot Of The Last Seven Days – Pretty quiet on the economic front. No major data announcements – Global share markets have been focussed on the barrage of profit results from major American companies… it’s their reporting season. Results have… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. The week started with some pretty ugly news from the International Monetary Fund downgrading global economic growth and it’s forecast for the Australian economy… all because of the uncertainty surrounding the UK’s Brexit and the US-China trade deal. The IMF… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. Thankfully global sharemarkets have flattened out compared with the rollercoaster of the previous week. We should keep an eye on the American sharemarket tonight because the latest round of US-China trade talks are expected to be completed. Property Is All… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. This Week’s Economic Pulse – The Federal Budget is effectively balanced. The deficit for the 12 months to May 2019 was just $148 million…well below the full-year estimate of $4.2 billion made at the time of the April 2019 budget. According… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. This Week’s Economic Pulse – Commsec have an amazing chart which tracks luxury car sales to house prices which points to a strong correlation between the two. I talked last week about general car sales falling 10 per cent in… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. This has been a huge week for economic data and a barrage of diverse media commentary scaring everyone. So here’s my take: – Economic growth for June quarter came in at 0.5 per cent which translates to annual growth of… Read more »
