Market & Portfolio Update - February 2019

7 March by Lifetime in Market Update, Investments

Market & Portfolio Update - February 2019

Market & Portfolio Update - February 2019

Global share markets continued to rebound in February and have now recovered almost all of the decline we saw in the last three months of 2018. The Chinese share market was the standout performer, rebounding almost 14% after responding positively to stimulus provided by the Chinese Government. This also helped trade sentiment globally and drove higher prices for commodities such as iron ore – this in turn supported the Australian share market in particular, which gained 6%. 

The US Government is now open for business again after the longest shut-down in US history.  President Trump shut a good portion of the government down over funding for his wall.

US – China Trade Talks.  Early indications are that good progress has been made towards an overall trade agreement acceptable to both countries.

The US Central Bank also gave indications that they now have some flexibility regarding their interest rate hikes, acknowledge the recent slowdown and are happy to take a wait and see approach for the moment.  Share-markets really liked this.

Disclaimer: This article has been prepared for the purpose of providing general information, without taking into consideration any particular investor’s objectives, financial situation or needs.  Any opinions contained in it are held as at the report date and are subject to change without notice.  This document is solely for the use of the party to whom it is provided.

What do travel and retirement planning have in common? At first glance not much, however, whilst visiting the UK recently I was reminded of this saying at the London Tube stations – “mind the gap”. Most visitors to London have heard the words “mind the gap” when travelling on the tube.

by Lifetime in Market Update, Investments

September was a positive month for most share markets across the world, bouncing back from some softness in August.