On the 1st and 2nd of August 2016, we held our semi-annual conference in Cairns, home to Fowlers Group, Fiducia Private Wealth, Barrier Reef Financial Solutions & BDO Private Wealth (Nth Qld). Bob Fowler opened the conference, welcoming several first time conference attendees among a large number of regular conference faces. Bob acknowledged FYG’s ongoing growth […]
Economic Overview Global equity and bond markets offered generally solid returns despite the late quarter uncertainty generated by the United Kingdom’s referendum result in favour of leaving the European Union. The economic news was mixed in the quarter. In the US, the Federal Reserve left its official interest rates unchanged in June, saying before it […]
As the old saying goes “no one ever picked up a newspaper to look at an empty page”. Actually, we just made that saying up. However, it does ring true because even if there are no stories to write about reporters can usually fill column space by asking someone desperate for attention to speculate on […]
After the RBA left interest rates on hold last week the commentary quickly shifted to when they would be cut next. To co-opt a line from Star Wars, you may have felt a great disturbance in the force “as if millions of conservative investors suddenly cried out in terror”. There won’t be much joy if […]
Today we’ve witnessed a significant event and its real time impact on financial markets. Britain voting to leave the European Union. Despite a final week “Remain” rally that pushed up equities, commodities and the Australian dollar, someone was clearly reading the tea leaves the wrong way. Financial markets love certainty (Remain) while they hate uncertainty […]