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DelphiNews October 2017

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

Market Update

Welcome to the October edition of the Market Update. 

Economic data released over the past month has continued to give investors optimism that the global economy is experiencing synchronised growth for the first time in many years.

Investor concern over tensions between the United States and North Korea has subsided.

Early economic indicators from the United States suggest that the recent hurricanes have not had a large impact on overall economic activity.

German elections returned Angela Merkel as Chancellor but her win was narrower than expected.

The Australian economy continues to show strong business conditions but consumers are reluctant to spend on anything except essential items.

Economic Update

In this update, NAB Asset Management's Senior Economist Bob Cunneen talks to Global Equities Portfolio Manager Myooran Mahalingam to find out what key events have been driving markets.

They discuss:

  •     Australian shares disappointing while the economy recorded improving data

  •     the lessening of geopolitical risks in terms of North Korea, and

  •     changes made to the MLC fixed income strategies in September.

I want a Retirement Investment Plan - Where do I start?

Many Australians don’t have to think twice about saving for retirement because their employer regularly contributes on their behalf. These savings then have decades to grow and years to ride out the ups and downs of the share market. Brian Long, MLC's Head of Retirement provides below some insights into the way to develop a Plan.

New research links living your dream life with financial planning.

People happiest with their lot in life are most likely to have a financial plan, according to the FPA Live the Dream report. The national research of working-age Australians also includes fascinating insights into the regrets, dreams, and attitudes to matters of money and life across generations, genders and geographies. 

Click on the image below to view the report

 

 

  

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

 

Regards

Vince Dore CFP
Director