At Millennium3’s recent Annual Conference in Queenstown New Zealand, Bruce was awarded at the NSW/ACT state finalist for Adviser of the Year. This is a fantastic achievement for Bruce and the team at Jennings Financial Services. It is a testament to the high standards, professionalism and quality advice that he provides his clients. Congratulations Bruce! Picture - Bruce Receiving his award from Millennium3 State Development Manager, Justin Baratta.
Know the odds today, be prepared for tomorrow, Plan realistically. As humans, our perception of risk versus reward is often drastically different to reality. And yet those perceptions shape important choices we make. Lets see if we can align our perceptions more closely to the realities.
For consumers cheap oil is great news but this time the markets have reacted badly. John Collett from SMH looks at the crash in oil prices and the profound shift that affects for everyone. Read about it here
Today SMH Business Daily published this informative article and video on what economists are saying as China growth slows. "Overall, the plane is moving in the direction it should be and it's broadly under control." Click here to read more
Craig James is CommSec's Chief Economist reviews the events of the last quarter. and in this report James looks at making sense of the volatile markets for your understanding. Economic & financial trends Shares slide: The US Dow Jones share index fell by 391 points or 2.4% on Friday. Volatile markets: In Australia over the past year there have been 85 daily moves on the ASX 200 index of more or less than 1%– a 3½-year high using annual rolling averages. Expensive US stocks: The over-priced US share market is contributing to the unsettled times. The US share market is over-valued by around 10%. The Australian share market is reasonably valued based on historic averages. What does it all mean? Financial markets are volatile. While that is hardly a new statement, investors have been on somewhat of a roller-coaster ride – not just in recent days or weeks but stretching back to 2014. Much is happening, from plunging oil prices [...]
Dr Shane Oliver is Head of Investment Strategy and Economics and Chief Economist at AMP Capital is responsible for AMP Capital's diversified investment funds. He provides economic forecasts and analysis of key variables and issues affecting, or likely to affect, all asset markets. In this article ge reviews the economic outlook for 2016. SMH Article 13-1-2016 Asset class views Short term (next few months) Medium term (next 1-3 years) Global equities Expect volatility to remain high into the US Federal Reserve’s December meeting, followed by seasonal strength. The cyclical bull market likely has further to go due to attractive valuations against bonds, ‘not too hot/not too cold’ global growth, a lack of investor euphoria and easy monetary conditions but we remain vigilant to any deterioration in fundamentals. Australian Equities Expect volatility to remain high into the US Federal Reserve’s December meeting, followed by seasonal strength. A continuing cyclical bull market globally and low interest rates, the boost to profits from [...]
Behavioural finance or Short termism may be rife in equity markets, but the evidence suggests investors can use this to their advantage. Make an effort to beat it and read about it here.
The investment clock approach generates growth and inflation readings based on past trends and current momentum of lead indicators, to help forecast how the global economy may perform in the coming three to six months. The investment clock is spending a seventh month in the equity-friendly overheat phase though only just as global growth is neither accelerating or slowing and inflation signals are weak. To find out more read this.
Michael Collins an Investment Commentator at Fidelity discusses here the bizarre brief technical recession that occurred in Japan just recently.
Michael Collins the Investment Commentator at Fidelity discusses here the five economic developments to monitor in 2016 and what is the likely impact to your investment.