Market Update: After a very difficult start to the financial year, Global equity markets are up significantly in October 2011. The Australian market is up around 8% for the month. The main influence driving markets has been some positive resolutions last week by Europe’s leaders to combat the Sovereign debt crisis. Key initiatives agreed to
Interesting data released by Commsec [Investor Signposts, 11/9/11] about the relationship between the Australian and U.S. stockmarkets: " One thing has become abundantly clear over the past few months. When there is turmoil, the Australian sharemarket will slavishly follow the US. But in times of calm, the Aussie market will go its own way.
Market Update: Equity markets have performed poorly for the financial year to date (i.e. 1 July 2011 to 26 September 2011). The main issue affecting markets is the risk that the current European and US sovereign debt crisis will cause a second Global economic recession. Recent economic news has reinforced that the expected rate of
Interesting data recently published in the Credit Suisse Global Investment Returns 2011 Yearbook, puts the Aussie sharemarket at the top in terms of performance (in local currencies) over the long term. And by long term, we mean long term (111 years !!). Since 1900, the Australian market has delivered a real annual return of 7.4%. That's better
The first week of August 2011 saw equity markets drop sharply. Most global equity markets (including Australia’s) were down by between 5% and 10%. The Australian share market is currently trading at the same price level as it was in July 2009. However, since this time the All Ordinaries Accumulation Index is still up over
Market Update Equity markets have been extremely volatile during July with daily movements of up 2% (both up and down). The financial news continues to be dominated by Global sovereign debt issues. The European community have nearly finalised the second sovereign debt rescue package for Greece. As part of this agreement they have also looked
Author: Christine St Anne is Morningstar's online funds and ETFs editor. This article appears in part from a Morningstar investment newsletter with comment from Harvest. At the beginning of this year, AMP Capital investment strategist Shane Oliver said Australian shares will continue to lag global shares. The high Australian dollar and monetary tightening, both
