Share     Facebook icon Twitter icon Twitter icon

DelphiNews March 2017

I’m pleased to enclose the latest edition of DelphiNews.

Market Update

In February, global equity markets continued to trend higher boosted by optimism about US growth and reasonably good economic and corporate earnings data.

In the United States, the Standard & Poor’s 500 equity index rose 4.0% over the month pushing its 12-month return to 25%.

US business sentiment indicators rose further with small business optimism jumping significantly.

Chinese activity indicators suggest that economic conditions have bounced back and the economy is being supported by robust global demand.

Australia’s December quarter GDP was stronger than expected, rising 1.1% over the quarter reversing the weather-affected 0.5% contraction in the economy in the prior quarter.

Economic Update

In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, talks about key events driving markets during February.

He discusses:

  • President Trump’s bold stimulus promises, the prospect of higher US interest rates and the political risks in Europe continuing to be the major themes driving markets

  • US shares again reaching record highs in February

  • economic activity in Australia remaining mixed, and

  • changes made to MLC’s multi-asset portfolios in February.

Four market trends to watch right now

There are some interesting trends driving global markets at the moment. The article below contains four themes we think investors will find enlightening.

A Path to Savings Retirement

Are Australians feeling prepared for retirement? How can we solve the retirement savings gap?. The article below provides some some insights.

Please contact us if you have any questions regarding these articles or to discuss your financial requirements.

 

Regards

Vince Dore CFP
Director