It’s a Boy

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We would like to welcome little Michael to the Lewis Financial family and congratulate Emma and Robbie on their gorgeous baby boy!

Born 17 August 2015, weighing 4.32 kg (9 pounds 8 ounces) and 54 cm long.  We are all so happy for you.  Awesome work Em, well done!!

Market Update – July 2015

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The financial year ended on a negative note for investors with all major asset classes, except cash, falling in value over June. Despite this decline last month, major asset classes still posted healthy positive returns for the financial year as a whole.

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The investment outlook – can the good returns continue?

Oliver's Insights

Despite the usual turmoil along the way and ending on a weak note with Greek and Chinese-related turmoil, 2014-15 provided another year of solid returns for investors who were prepared to move beyond cash. Most asset classes had reasonable returns resulting in average superannuation funds returning 9.9%, their third financial year in a row of returns around 10% or more.

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Markets – Where to from here?

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Recent US partial indicators suggest the economy is shrugging off yet another unseasonably harsh winter and weak start to the year. Real GDP is expected to have risen at an annualised rate of 2.5–3% in Q2, a pace we broadly expect to be maintained in the quarters ahead. That said, partial economic data is far from unencumbered good news.

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The subdued outlook for growth

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Viewed in isolation, the 0.9% real seasonally adjusted increase in GDP in the March quarter might look a good result. It does not take much digging into the detail to uncover a less ebullient perspective; indeed, even that 0.9% increase in the March quarter left growth on year earlier levels at a subdued and sub-trend 2.3%.

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