DelphiNews November 2017

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

Market Update

Welcome to the November edition of the Market Update.

Recent economic data continues to show that the major economies are all growing and that global growth is accelerating.

In Japan, the recent elections returned Prime Minister Shizo Abe’s Liberal Democratic Party with a larger majority allowing a continuation of Abenomics.

In the US, markets reacted favourably to the details of the Republican tax reforms and news that Jerome Powell will be nominated as the next Federal Reserve Chairman.

In China the 19th Communist Party Congress elected Xi Jinping for another five years as President and General Secretary paving the way for further reform of the Chinese economy.

Australian employment continues to grow strongly helped by strong business conditions.

Economic Update

In this update, NAB Asset Management's Senior Economist Bob Cunneen talks to Head of Investment Communications Jason Hazell to find out what key events have been driving markets.

They discuss:

the ambitious Wall Street
the announcement of Jerome Powell as the next US Fed Chairman and
the strong rebound in Australian shares in October.

Virtual Currencies

Many virtual currencies, such as Bitcoin have emerged over the last 10 years but just how safe are they? We explain in the article below how virtual currencies work and the risks you take buying, trading or investing in them.

Benchmark Magazine

Headwinds and tailwinds continue to blow in the current investment environment. Low interest rates and low inflation have been key tailwinds leading to inflated prices across most asset classes. Geopolitical risks also remain high in the minds of our investment professionals, adding to the potential secular challenges of demographics and technology. In this issue of NAB's Benchmark Magazine, Brian Long, Head of Retirement shares some insights into Australia's retirement space and strategies for retirees. There are a number of other articles which you may also find of interest.

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

Regards

Vince Dore CFP
Director

ThreeSixty Research Market Update - November 2017

Highlights:

Recent economic data continues to show that the major economies are all growing and that global growth is accelerating.
In Japan, the recent elections returned Prime Minister Shizo Abe’s Liberal Democratic Party with a larger majority allowing a continuation of Abenomics.
In the US, markets reacted favourably to the details of the Republican tax reforms and news that Jerome Powell will be nominated as the next Federal Reserve Chairman.
In China the 19th Communist Party Congress elected Xi Jinping for another five years as President and General Secretary paving the way for further reform of the Chinese economy.
Australian employment continues to grow strongly helped by strong business conditions.

If you have any questions regarding this report or would like to discuss your portfolio, please contact me directly on 1300 167 826

Read full November market update report >>

November Economic Update with Bob Cunneen

Which key events have been driving markets? Watch this video of NAB Asset Management's Senior Economist Bob Cunneen talking to Head of Investment Communications Jason Hazell to find out.

They discuss:

the ambitious Wall Street
the announcement of Jerome Powell as the next US Fed Chairman and
the strong rebound in Australian shares in October.

	Download the 2 page - November economic & market update
	November economic update - Watch the video

Virtual currencies

Many virtual currencies, such as Bitcoin have emerged over the last 10 years but just how safe are they? We explain how virtual currencies work and the risks you take buying, trading or investing in them.

Read full article >>

Setting up for retirement success

Benchmark magazine interviews Brian Long, Head of Retirement, NAB Asset Management.

Read full article >>

Vince Dore and Delphi Financial Management Pty. Ltd are Authorised Representatives of GWM Adviser Services Limited ABN 96 002 071 749, trading as Garvan Financial Planning/MLC Financial Planning an Australian Financial Services Licensee, Registered office at 105 –153 Miller St North Sydney NSW 2060 and a member of the National Australia group of companies.

This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial and tax and/or legal advice prior to acting on this information. The material contained in this newsletter is based on information received in good faith from sources within the market, and on our understanding of legislation and Government press releases at the date of publication, which are believed to be reliable and accurate. Opinions constitute our judgement at the time of issue and are subject to change. Neither, the Licensee or any of the National Australia group of companies, nor their employees or directors give any warranty of accuracy, nor accept any responsibility for errors or omissions in this email.

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