Investment market updates
Monday, 20 May 2013
The Federal Budget dominated news last week with a larger-than-expected deficit for this financial year and a surplus not expected until 2016-2017, indicating that the economy remains weak. Market...
For the quarter ending December 2012
Global economic conditions improved slightly over the December quarter compared to earlier in the year. Asset prices in advanced economies benefitted from further easing of monetary policy and the belief that some risks to the global economy had waned. In particular, new policies were aimed at tackling the Euro area crisis and various data suggested growth in the Chinese economy had stabilised. Read more.
For the quarter ending December 2012
Following a number of policy measures announced in the second half of the year, investors now seem more confident that high government and household debts can be managed. This renewed confidence produced solid returns on most asset classes over the December quarter, led by equities which tend to be quite exposed to the economic cycle. Read more.