2019 – a list of lists regarding the macro investment outlook

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Key points Despite continued volatility, 2019 is likely to be better for diversified investors than 2018 was. Recession is unlikely and so too is a long and deep bear market in shares. Watch the US trade war, the Fed, global business conditions indicators, Chinese growth, politics and the Sydney and Melbourne property markets. Introduction 2017 […]

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Vacancy rates up in December in most capital cities

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Key Points Nationally, the vacancy rate rose to 2.5% in December from 2.3% in November. Darwin has the highest vacancy rate at 4.3%, followed by Sydney which rose to 3.6%. Hobart continues to record the lowest vacancy rate of 0.4% with no change from November. Melbourne’s vacancy rate rose to 2.2% in December from 1.9% […]

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Petrol set to lift; Credit cards in reverse

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Weekly Petrol Prices; Credit & debit cards Petrol: According to data from the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 0.9 cents last week to a 17-month low of 121.2 cents a litre. The annual fall in petrol prices to January 13 stands at 11.9 per cent – the biggest […]

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Weekly market update – week ending 11 January, 2019

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Investment markets and key developments over the past week Since our last weekly update three weeks ago investment markets have been on a bit of a roller coaster ride, with Santa missing Christmas for markets but arriving the day after. Global shares led by the US continued to plunge into Christmas as the US saw […]

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Franklin Templeton 2019 Outlook for global equity markets – The East gains appear over, but unloved stocks may draw new interest

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“US stimulus is fading and US earnings growth should have a hard time matching 2018 levels. But with interest rates rising and political issues a concern, the quality of earnings along with valuations will be an increasingly important investment consideration.” The year ahead looks to be one of restrained global equity market performance. As the […]

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Investment Outlook 2019: Australian Equities and Fixed Income

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Lee Mickelburough, Head of Australian Equities, discusses the lessons learned from 2018 and the themes shaping the team’s 2019 outlook. What are the key themes likely to shape markets in 2019? We expect some of the dominant themes of 2018 to persist into 2019. The strong growth we’ve seen in the United States, which has […]

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A timely look at what’s driving market volatility?

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December’s volatility is a final reminder that 2018 is shaping up much differently than 2017’s tranquil markets. Kathleen C. Gaffney, Director of Diversified Fixed Income at Eaton Vance Management, notes the bond markets are in the midst of an important transition that will require new thinking going forward. “Blindly reaching for yield and other strategies that […]

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CPD: Australian housing – don’t panic

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Summary Over the past year Australian house prices have seen 12 consecutive months of decline, the longest streak of persistent falls in over 20 years. House prices are now ~4% lower than this time last year — the weakest performance in the housing market since 2012.     While the performance of house prices has […]

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Weekly market update – week ending 7 December, 2018

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Investment markets and key developments over the past week The past week has been a roller coaster ride in equity markets. Shares initially rose on the positive outcome from the Trump/Xi meeting. Then they plunged in a panic as investors lost faith in what Trump claimed was agreed, the arrest of a senior Huawei executive […]

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Trade war truce gives Emerging Markets a “stay of execution”

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Emerging markets held a relief rally in the wake of the much-anticipated meeting between President Trump and Chinese President Xi Jinping at the G20 meeting in Buenos Aires. By agreeing to a 90-day truce in their ongoing trade war, the two leaders gave Emerging markets (EM) investors the best they could realistically hope for. Eaton […]

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