Less globalisation may not mean higher U.S. inflation By Kevin Khang, Vanguard Senior International Economist Markets and economy Why slowing globalisation is unlikely to lead to worrying inflation. Low inflation in the decades before the COVID-19 pandemic has often been attributed to globalisation. So, it would be natural to think the opposite—that less international trade,…
Higher rates to stay, though policy divergence won’t By Vanguard Markets and economy The U.S. Fed is unlikely to cut rates in 2024. What does that mean for other regions? Despite the twist presented by an unexpectedly strong U.S. economy, developments in the first half of 2024 have only strengthened our view that a higher-interest-rate…
Kajanga Kulatunga – Portfolio Specialist, NAB Asset Management Investment markets can be unpredictable. Just when you get used to enjoying a prolonged period of strong returns, suddenly you can be faced with a wild share market rollercoaster and begin wondering whether you should get off. Content Investment markets can be unpredictable. Just when you get…
Highlights; Global equity markets continued to correct through February but stage an early March recovery Oil prices staged a strong recovery from mid-February – up 37% China economic data continued to consolidate and targets 6.5% minimum growth US economic data continued to improve Marginally weaker Eurozone economic data heightens the likelihood of further quantitative easing…
Invested wisely, an inheritance is a great opportunity to get ahead financially. But what’s the best way to invest it? If you’ve come into a large sum of money, you want to make sure you make the most of it. So is it better to pay off your mortgage or invest it for retirement? Paying…
Australians now owe more on their mortgages than ever before, with the average home loan leaping to $433,000 in June 2014 – a rise of 10% in a year.1 But with just a few easy steps you can take years off your loan and thousands off the interest you pay. If you’re not looking forward…
Key points are as follows… · Australian economic growth came in at a stronger than expected 0.9% in the March quarter, but remains subpar on an annual basis at 2.3% and demand remains very weak. · More help is likely required via a lower $A (expect to see $US0.70 by year end) and maybe another…
In the latest update, Brian reviews events in markets during March. He discusses: how world share prices fell back a little in March, after some very sound gains in February how the good performance of share markets in Europe and Japan comes at a time when the financial woes in Greece haven’t been resolved, and…
Highlights: Global Central Banks continue to lower interest rates The RBA cuts the cash rate by 25bp to 2.25% (February 2015) The ECB finally announces Quantitative Easing – €60b per month Oil prices declined again in January – represents a 47% decline in 4 months Global bond yields trend lower US economic data continues to…
Highlights: Oil prices decline sharply through November. Global equity markets continued to rally strongly, although Australia did not participate. US economic data continues to show a sustainable recovery. Weak economic data across the Eurozone continues to support further ECB monetary intervention. China moves from targeted stimulus to a broad cut in interest rates to meet…