Australian Shares Australian shares produced a reasonable return of 10.3% but it wasn’t all smooth sailing with a major correction in March/April that led to a 16% drawdown in the market. The market correction was related to worries over US tariffs, which were subsequently delayed or toned down. The market soon recovered, boosted by an RBA easing cycle and a recovery in commodities. Materials staged a major recovery in the second half of 2025 to be the best performing sector

Global wrap Asset class returns were all positive over the September quarter, led by global shares, which have now made gains for five months straight. The other strong performer has been gold, which is seemingly being driven by mounting concerns over the longer-term direction of US policy. In FY26 thus far, global conditions remain positive with supportive fiscal and monetary policy in place and the technology productivity theme leading global stocks. But there remains an un

Global wrap Global shares finished the year with another strong result (+18.6%) but it wasn’t all smooth sailing with a major correction...

Global wrap Market volatility is on the rise as President Trump’s policies regarding trade, government spending and war in the Middle...

Global wrap Global shares (unhedged) had another strong year, led by US equities and weakness in the AUD/USD. The soft-landing scenario...

Global Equity markets managed to finish the September quarter strongly despite a bout of market volatility during late-July to...

Global Financial markets recovered throughout FY24, after hitting lows in October 2023 on worries over rising interest rates causing a...

Global Global shares have had a strong run over the past quarter (+14.1%) on expectations that inflation and interest rates will ease in...

Global Global equity markets rallied into the end of 2023, as US inflation and oil prices retreated. The US Federal Reserve (the Fed)...

Global The US equity market retreated during the September quarter as upward pressure on core inflation raised expectations for interest...

Global The US economy remains resilient, but Europe and China continue to slow. The US cash rate is at 5.25-5.50% and US bond yields have...

Global US growth and employment continue to prove resilient, but interest rates continue to creep higher, with the US Federal Reserve...

Global Equities have proven remarkably resilient in the face of the fastest tightening cycle in history. Central Banks have been...

Global Despite worries over the US debt ceiling and the US Federal Reserve (the Fed) continuing to lift interest rates to dampen...

Global April brought calm after the unnerving US and European banking issues in March. Most asset classes finished higher, with only...

Global Financial markets remained remarkably resilient during the March quarter given it involved a mini-banking crisis, starting with US...

Global January’s optimism turned to caution in February. While headline inflation may be falling, core inflation continues to remain...

Global The new year has started with a bout of optimism, which seems to be mostly related to China relaxing its COVID restrictions,...

Global 2022 was a tough year for US investors with the S&P/500 index down 18% (after dividends) and US bonds down around 15%. However,...

Global Growth assets continued to rally in November on optimism that inflation has peaked in the US and that the US Federal Reserve (the...