Director's Perspective By Noel Hucker With 2013 drawing to a close we'd like to thank you for your ongoing support of our business. The team at Harvest wishes you and your family a very happy holiday and a prosperous 2014. We look forward to working with you again in the New Year. In our newsletter
Director's Perspective By Inbam Devadason Global share markets have continued to trend upwards, with some stabilisation over the month of November 2013. Global economic growth has improved over the last 6 months and in particular, even Europe has returned to modest growth. In Australia, business and consumer confidence levels have improved over the last 3
Investment Market Update Global equity markets have performed strongly in 2013 year to date. Since the US debt ceiling was raised this month equity markets have continued to rise strongly. The equity market performances reflect increased confidence that the global economy is recovering. The delay in the US Federal Reserve reducing its bond buying from
Investment Market Update Global equity markets have performed well in 2013 year to date. August was a strong month for the Australian market but a weak month for most Global equity markets. Tension with respect to potential military action against Syria caused some weakness in markets in August 2013. Other factors affecting markets in recent
Investment Market Update The volatility in global equity markets has increased significantly in the period from May to July 2013. The volatility is mainly due to concerns that the US Quantitative Easing (i.e. buying government Bonds) policy will be tapered off towards the end of this year, that China is showing signs of slowing down
Global equity markets have performed strongly during the months of January and February 2013. We have seen some short term pullback in the last week, mainly over an uncertain election result in Italy. Some key themes affecting the market are as follows:
Investment Market Commentary Global equity markets have performed strongly during the months of December 2012 and January 2013. Some key themes affecting the market are as follows: Australia Australian business confidence increased significantly to +3 (up from -9) in December 2012. The increase is due to the Australian RBA rate cut in December 2012
Commentary “Mixed is perhaps the best way to describe the 2012 investment year. The world’s major economies and economic blocs all had their issues to deal with. Some overcame these issues well while others struggled. With the 2012 U.S. Presidential election victory behind him, Barack Obama will go into 2013 with a major focus on
Australian economic growth appears to be moderating with consensus growth for 2013 being 2.5% pa. Key drags on growth remain the high $A, some new mining projects being cancelled or postponed, slow credit growth and slowing global growth. The Reserve Bank of Australia (RBA) is expected to reduce the official cash rate in the next few months to assist in stimulating additional economic activity.
Global share markets have performed strongly for the quarter ending 30 September 2012. Some key developments influencing markets at the moment include: Australian Cash Rate The Reserve Bank of Australia (RBA) has dropped the official cash rate to 3.25% pa mainly due to a softening global economic outlook, slowing growth in China (and the developing world), and the need to stimulate the non-mining sectors of the Australian economy.
