Points of Note
Enthusiasm for AI not ending.
Trump gets shirty with Federal Reserve again.
Strong gains again across all markets.
Recent News Regarding Macquarie Bank
The Gold Rush
2025 Q2 June Quarter Review
Tariffs hit hard initially, but stockmarkets bounce hard.
Tariffs create some distortion as US business pulls forward orders.
Euro and UK economies still sluggish, but increased defense spending on the way.
A political backlash in the UK, with both major parties on the nose.
Australian government keeps its foot on housing demand, while missing supply targets.
Commonwealth Bank hits record highs during Q2.
Beyond ESG (Environmental, Social and Governance) in Investing
Blame Canada
2024 Q4 December Quarter Review
Trump election win equals potential tax cuts & deregulation, but tariff increases.
The great resignation becomes the great stay.
UK Labour goes from penthouse to doghouse in record time.
Politics making the Eurozone more unstable.
Bond yields on a tear globally.
Positive returns for sharemarkets both locally and globally for 2024.
Australian real estate becomes location, location, location as prices moderate.
Fiddling with the Future Fund
A Donald Trump Win: What it means for Australian Investors
Overnight, we received the dramatic news that Donald Trump had been elected president for the second time, the Republicans now appearing to have control across both houses. The US share market rallied to record highs. However, what may appear to be good for America, in terms of market rallies in the shorter term, may not be good in the longer term for the US and the global economy, including us in Australia.
2024 Q3 September Quarter Review
The US Fed moves on rates.
Brief chaos in Japanese market highlights value of long term thinking.
Global and Australian stock gains, with bonds offering good returns.
Strong returns across many sectors, while tech struggles on AI questions.
Australian real estate beginning to ease up with quarterly falls in some capitals.