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Overview Global equity markets started 2025 with a strong January with markets rising to all-time highs, however sentiment quickly turned negative for equities as the Trump administration began implementing aggressive policies against trade partners, seeking to change the balance of global commerce and trade. This has been broadly seen as negative for the global economy
Read More...In summary Global equity markets incurred a major selloff in the first quarter of 2025 after reaching all-time highs in mid-February. After cheering the expected pro-growth policies of the Trump administration, market sentiment shifted abruptly negative as investors reacted to the vastly more hostile US trade policies and the lack of clarity on when growth-oriented
Read More...Treasurer Jim Chalmers delivered the 2025 Federal Budget last night, focusing on cost-of-living relief, healthcare, housing, and economic resilience. But what does this mean for you, your family, and your financial future? Here’s a breakdown of how these changes might impact your day-to-day life and long-term plans. Personal Income Tax Cuts The lowest individual marginal
Read More...Summary US tariff concerns continue to weigh on global investor sentiment. Softer US economic data and stable inflation have strengthened expectations for US rate cuts in 2025. In Australia, a solid earnings season and the first cash rate reduction since 2020 did little to lift the share market. Economic indicators suggested a more supportive outlook
Read More...2024 Year in Review 2024 was a strong year for equity investors. Resilient economic growth and robust corporate earnings, particularly from US companies, supported equity markets. Moderating inflation paved the way for easier global monetary policy which further supported equity market sentiment but did little to lift bond markets which ended a volatile year well
Read More...In Summary Global equity markets reached new all-time highs in the final quarter of 2024, buoyed by improved investor sentiment following the election of Donald Trump and significant fiscal stimulus measures announced by Chinese authorities. As we move into the first quarter of 2025, markets are balanced between a resilient economic outlook and a range
Read More...Key messages Government debt levels cause investor angst. The Trump administration is likely to see the rising trend in debt to GDP increase further as fiscal spending accelerates, thereby increasing the bond market term premium (higher yields). Aussie dollar under pressure as the US dollar strengthens. The Australian dollar has weakened against the US dollar,
Read More...November 2024 Summary In November, equity markets rallied following a resounding US election victory for Donald Trump. US and Australian share markets gained significantly, while other global markets, especially emerging markets, lagged. Bond markets experienced initial volatility post the election but ultimately stabilised, with US bonds ending the month stronger. Selected 12-month market returns (%),
Read More...Summary We have made a number of investment changes to the DB Portfolios, reflecting our latest views of markets and to further enhance the return outlook for investors. The context for markets is that investors are increasingly positive on the outlook for economic growth in the United States. Many participants and commentators believe tax cuts
Read More...We are thrilled to announce that Principal Edge Financial Services, has officially merged with Evalesco Financial Services combining our strengths to create a more robust, dynamic, and forward-thinking business. This strategic merger brings together two teams committed to helping clients, like you, live a healthy, wealthy, and happy life. What does this mean for you? Nothing
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