Summerhill Financial Services, based in Australia, provides of financial planning services to help build, manage and protect your wealth.
Taken at the Pink Palace at Monaco in September 2004
With the change of just one word, the US Federal Reserve has called a quiet end to the recession, while in Australia, it seems to be all hands on “deal deck”.
Is it over? Are we there yet? Can we breathe a sigh of relief? According to economics commentator Alan Kohler of Business Spectator, “yes”. (more…)
Shares have just topped two consecutive years of big losses. Such a slide has resulted in a long “worry list” for shares and other growth-oriented assets – indebted consumers, inflation off the back of ballooning budget deficits and central banks pumping money, worrying demographic trends, and so on.
Some investors are pessimistic: the temptation being to assume just more of the same. However, as we’ll see, the “worry list” might not be so worrying after all. (more…)
Following a rough start to 2009 and some of the toughest economic conditions in recent history, BT Chief Economist Chris Caton gives his views on what he’s expecting this year in the webcast link below, including:
This article was sent to SFS investment clients on 6 November 2008.
In his first television interview since his historic election victory, Democrat President-elect Barack Obama said stimulating the economy was a top priority – even if it meant adding to the nation’s growing deficit.
“I think what’s interesting about the time that we’re in right now is that you actually have a consensus among conservative Republican-leaning economists and liberal left-leaning economists. And the consensus is this: that we have to do whatever it takes to get this economy moving again, that we’re gonna have to spend money now to stimulate the economy,” Obama said. (more…)