Max recently returned from the Pan Pacific Masters Games held in the Gold Coast at the beginning of this month and came away with:
Gold Medals in:
Silver Medals in:
Bronze Medal in:
What a huge effort Maxie, well done!! We are all so proud of your achievements. It’s really hard to tell if you are happy in this photo 🙂
While global and Australian shares had a nice bounce from their late October lows – rallying about 5%, partly reversing their 10% or so top to bottom fall, they have since fallen back to their lows as the worries about US rates, bond yields, trade, tech stocks, etc, have morphed into broader concerns about global growth and profits.
Click here to read the article.
Concerns around slowing economic growth, Trump’s trade wars and the outcome of the November US midterm elections as well as increasing interest rates from the US Fed all weighed on the market. With their stretched valuations, the brunt of the fall was seen in Tech stocks as the NASDAQ lost nearly 9% over the month.
Click here to read the article.
A large part of the market weakness since early October has been the number of event risks that have been hovering in the political and economic landscape for some time that are now coming to a head. Some have been resolved in recent weeks, while others are yet to be resolved.
Click here to read the article.
Every so often shares go through rough patches. We saw this most recently around February on the back of US inflation and interest rate concerns and the start of US tariffs which saw US shares and global shares fall roughly 10% and Australian shares fall 6%.
Click here to read the article.
Trade tensions escalated in September as the U.S. put in place a 10% tariff on US$200bn of Chinese imports and Donald Trump flagged tariffs on another US$267bn, should China retaliate. China has added tariffs (5% and 10%) on US$60bn of goods imported from the US.
Click here to read the article.
The slowdown in the Chinese economy has become a critical issue for investors. Not only is it important for the global macro outlook, but it is also becoming a major factor in the trade war between the US and China.
Click here to read the article.
It may seem that the worry list for investors is bigger and more confusing than ever before. Some of this may relate to US President Trump’s disruptive and “open mouth” approach as highlighted by the “trade war” and his frequent and sometimes contradictory tweets.
Click here to read the article.
US equities achieved a new milestone in August, the longest running bull market in US history 3,453 days since the low in March of 2009 and counting.
Click here to read the article.
As we have been discussing in recent notes, it remains a challenging environment for investors. Valuations are stretched and there is a backdrop of heightened political, policy and macro risk that has not yet been factored into markets.
Click here to read the article.