Inflation has reduced but still above the target range for the RBA. Persistent inflation may defer the opportunity for the RBA to reduce interest rates.
The US sharemarket is influenced by returns from the “Magnificent 7” – the 7 largest stocks by market capitalisation.
In this video update, we take a brief look at the market returns (including gold) over the past 10 years.
It remains important to focus on long term investment objectives.
If you have any questions relating to your personal circumstances, please feel free to contact us on (07) 5445 3441 or email advice@wealth21.com.au.
Best regards,
Paul & Kylie
Wealth 21