by Josh Wingrove | Jan 15, 2018 | Economic update, Monday Market Madness, Uncategorized, Wealth
Despite touching a 10-year high on Tuesday, the Australian stock market ended last week in negative territory on the back of broad based selling towards the end of the week. The benchmark S&P/ASX 200 index fell by 0.8% to 6075. The worst performers were consumer,...by Josh Wingrove | Jan 8, 2018 | Economic update, Monday Market Madness
Happy New Year!!! The pattern continues in 2018 with equities; the Dow Jones Industrial Average has sailed past 25,000 for the first time as the bull market rages on. Stocks rallied around the world on signs the global economic expansion that pushed benchmarks to...by Josh Wingrove | Dec 18, 2017 | Economic update, Monday Market Madness
The Australian market was modestly higher last week, helped by some Mergers & Acquisitions activity. Westfield spiked as the shopping mall giant announced that Europe’s largest listed property group, Unibail-Rodamco, wants to acquire Westfield in a cash and scrip...by Josh Wingrove | Dec 11, 2017 | Economic update, Monday Market Madness, Wealth
The Australian market was modestly higher last week as the Reserve Bank of Australia left the cash rate on hold at 1.50%. The RBA reiterated its view that monetary policy remained accommodative and leaving rates unchanged in December was consistent with its desired...by Josh Wingrove | Nov 27, 2017 | Economic update, Monday Market Madness, Wealth
The Australian market followed buoyant global markets higher last week. The Reserve Bank of Australia released minutes of its November board meeting which showed policymakers warning of “considerable uncertainty” about how quickly wages growth and inflation might pick...