News Updates
As it Happens
The Dow Jones Industrial Average soared to an all-time record high on Tuesday, passing the five-year old mark to leave behind the deep losses of the economic crisis. The positive impact on Australian superannuation and pension funds has been huge. Read More Here. Rick Maggi.
This is a fascinating article from AMP Capital's Dr Shane Oliver, which suggests that the long-term 'secular bear market' which has plagued investors since the year 2000 is about to end, making way for a new longer running bull market, but with some limitations. Worth a read. Rick Maggi. Read here... Bull market getting closer
With an inconclusive election result and a general unwillingness to reform their economy, Italy's future (and therefore Europe's), is back in the spotlight, impacting on share markets and overall confidence. This is a brief report on the topic. Rick Maggi Italian Election/European Risk
The following is a 3 minute video commentary from CommSec about the prospects for gold during 2013 and 2014. Enjoy. Rick Maggi. Gold prediction video
A quick snapshot of share markets, superannuation funds, commodities, rates and more. Enjoy! Rick Maggi. Dashboard
In this easy to understand article, AMP Capital's Dr Shane Oliver discusses the four investments options and their possible performance over the next few years. The second article takes a look at the current share market 'boom' and it's potential to be longer lasting than past recoveries. Rick Maggi
Shares, Property, Bonds or Cash? Shares: How Long Can It Last?
This article discusses the Bank of Japan's recent decision to raise its inflation target and introduce open ended 'quantitative easing'. It sounds complicated but it is a good read and simply explained. Enjoy. Rick Maggi Japanese Reflation
An excellent overview of 2012 and a refreshingly bold attempt to map out the next twelve months, by AMP Capital's Dr Shane Oliver. Take a close look at the table of investment returns and forecasts. Enjoy! Rick Maggi
While the RBA once again loosened monetary policy in December, the Bank continues to see a silver lining on every economic cloud and is yet to acknowledge that the Australian economy is entering a much more difficult environment now that mining investment has peaked. While many believe that the RBA will ultimately be forced to cut the cash rate to 2%, it seems pretty clear that the RBA still remains hopeful that the rate cuts it has already undertaken will be sufficient to revive growth. As such, it appears that until there is irrefutable proof that mining investment has peaked, or that unemployment is rising sharply, the RBA will remain a reluctant rate cutter, as indeed it has been over the past year. Rick Maggi Update: Since the 25 basis point cut yesterday, most of the major banks have since cut their loan rates by about 20 basis points.
AMP Capital's Dr Shane Oliver presents a brief market and economic snapshot. Enjoy. Rick Maggi. Market & Economic Update
In this addition, CommSec comments on the mining sector and whether the mining boom is actually over. Enjoy! Rick Maggi. Watch video here
Below is a brief global economic update (China, US, UK & Eurozone) from the Chairman of Goldman Sachs, Jim O'Neill… Viewpoint with Jim O'Neill
The last few years since the GFC have been difficult for investors - each time share markets take a step forward, changes in the global economy pull them back. Paul Clitheroe joins AMP Capital's Dr Shane Oliver to provide their views on where share markets are placed and how to navigate the period ahead. Also included is a link on the Eurozone (easy reading). Enjoy. Rick Maggi.
The US elections are only a few short weeks away and the polls have Mitt Romney and Barack Obama neck and neck. This video explores the potential consequences of either a Romney or an Obama win. Watch video here
