December 2016 – Private Client Newsletter

In this issue:

Summer’s here and the countdown to Christmas begins in earnest. After such an eventful year on the global political and economic front, investors will no doubt be looking forward to some time out to relax with family and friends.

Donald Trump’s election to the US Presidency ushers in a period of uncertainty for the global economy and financial markets until he takes office on January 20 and his policies become clearer. Markets reacted with rising bond yields and a higher US dollar, paving the way for the US Federal Reserve to lift interest rates as planned in December. US shares reached their highest levels since 1999, while Australian resource stocks also surged on the back of Trump’s stimulatory agenda. Not so positive for Australia is Trump’s promise to withdraw from the Trans Pacific Partnership (TPP) on his first day in office. The TPP would have been the world’s biggest free trade agreement and scrapping it will have implications for Australia’s trade in the region.

While Trump’s victory eclipsed most other news in November, there was some positive economic data at home. Unemployment held steady at 5.6 per cent in October, at three-and-a-half-year lows. Consumer confidence is also buoyant; the ANZ/Roy Morgan Consumer Confidence indicator rose to a 7-week high in mid-November before dipping 2.3 per cent to 115.5. Still, this augurs well for the Christmas spending period. It also suggests there will be no more rate cuts from the Reserve Bank this year.

Active Portfolio Management, Cash Flow Planning, Centaur Financial, estate planning, Gold Coast Financial Planning, Insurance, Investment strategy, Lending, Mortgage Reduction, Property portfolio services, psychology, Retirement Income Solutions, Self Managed Super Fund, SMSF, SMSF Advice, Strategic Financial Advice, superannuation planning, Tax Planning,How to play the Trump card

To say that Donald Trump’s election as President of the United States took the world by surprise is an understatement. Markets hate surprises and uncertainty, so a short-term period of volatility is to be expected. But as investors begin to digest the new policy direction, buying opportunities could arise… Read more

 

Active Portfolio Management, Cash Flow Planning, Centaur Financial, estate planning, Gold Coast Financial Planning, Insurance, Investment strategy, Lending, Mortgage Reduction, Property portfolio services, psychology, Retirement Income Solutions, Self Managed Super Fund, SMSF, SMSF Advice, Strategic Financial Advice, superannuation planning, Tax Planning,

Taking the guess work out of gifting

It’s the season of giving and what better way to show love and support to your family than to gift your children or grandchildren some much needed cash. After all, as the saying goes it’s better to give with a warm hand… Read more

 

 

Active Portfolio Management, Cash Flow Planning, Centaur Financial, estate planning, Gold Coast Financial Planning, Insurance, Investment strategy, Lending, Mortgage Reduction, Property portfolio services, psychology, Retirement Income Solutions, Self Managed Super Fund, SMSF, SMSF Advice, Strategic Financial Advice, superannuation planning, Tax Planning,

Count your blessing this holiday season

We’re at that time of the year again: the shopping centres are packed, you’re signing dozens of greeting cards, and little miss/mister has just handed you a ‘wish list’ longer than they are tall. And at the back of your mind, you might be hoping for a treat or two for yourself. … Read more 

 

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