Economic
Market and Economic Commentary – 19 Feb 2014
By Wealth Know How in Commentary & Opinion, Economic Market
Recently bad weather and holidays are playing havoc with global economic numbers, but the market seems indifferent with the rally continuing after a sell-off early in the year. Even emerging markets, which took a huge hit recently, are up 7% since the market turned in February.
Market and Economic Commentary – 5 Mar 2014
By Wealth Know How in Commentary & Opinion, Economic Market
The issues in Ukraine are very complicated with regions such as the Crimea considering itself more Russian than Ukraine. For the Russian President Vladimir Putin keeping Ukraine within Russia’s sphere of influence is critical and the current game plan seems similar to what the Russia strategy was for Georgia in 2008.
Market and Economic Commentary - 19 Mar 2014
By Wealth Know How in Commentary & Opinion, Economic Market
The market continues to face a double threat as the crisis in Ukraine persists and fresh fears of a hard landing in China take centre stage. Despite these concerns, the market surprised us over the last 2 week by holding its nerve and not falling nearly as far as expected.
Market and Economic Commentary - 2 Apr 2014
By Wealth Know How in Commentary & Opinion, Economic Market
First to the Australian Dollar, this reached a new four-month high last week. Many commentators put the rise down to the possibility of China stimulus but we think there is a lot more to the story. In our view, a number of interrelated factors are contributing to the rise.
Market and Economic Commentary – 30 April 2014
By Wealth Know How in Commentary & Opinion, Economic Market
Global markets have been treading water during the past couple of weeks. They are hindered by the Ukraine crisis, the US reporting season, and poor Chinese PMI numbers. On the plus side speculation that the European Central Bank might loosen monetary conditions has supported the markets.
Market and Economic Commentary – 28 May 2014
By Wealth Know How in Commentary & Opinion, Economic Market
Favourable news out of China last week helped stop the selloff in global markets and push the S&P500 to close above 1900 for the first time in its history. Even the NASDAQ, which was sold off by around 10% at the beginning of the year, has rallied significantly during the past week.
Market and Economic Commentary – 15 May 2014
By Wealth Know How in Commentary & Opinion, Market Economic
Markets are waiting, but it’s not clear what they are waiting for. It may be a combination of factors. Europe remains constrained by ECB inaction and the threat of the Ukraine. The US is nervy about low bond yields and the DOW and S&P making new highs. In Australia we are digesting the new federal budget.
Market and Economic Commentary - 16 Apr 2014
By Wealth Know How in Commentary & Opinion, Economic Market
The Australian market made six-year highs last week spurred on by strong demand for Australian bonds, equities and the Aussie Dollar. The rally was short-lived and markets were quickly sold off in response to declines in the US and Japan equities. Also some bad news out of China in relation to imports and exports didn’t help.
Are investors turning a blind eye to positive indicators?
By Wealth Know How in Commentary & Opinion, Economic Market
Despite a wave of positive numbers – GDP, employment, interest rates, equity markets – investors seem reluctant to pull themselves out of their current state of pessimism. We’re not sure why.