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| | | As the countdown begins to one of the most contentious election cycles in US history, experts are weighing in on how either a Republican or Democratic win may impact markets. US shares were lower on Monday (local time) ahead of the election, as polls ... |
| | | | ... trimmed mean inflation has remained stubbornly high - put the final nail in the coffin for those hoping for an interest rate cut in 2024. Commonwealth Bank head of Australian economics Gareth Aird was one of the last experts predicting a rate cut before ... |
| | | | ... target range of 2-3%, VanEck portfolio manager Cameron McCormack said a white Christmas in Australia is more likely than a rate cut in 2024. "Despite today's announcement indicating inflation has fallen within the target range at 2.8%, the RBA has specified ... |
| | | | ... limiting gains. Perpetual and Platinum are struggling, given weak flows," Ler said. "Asset managers need to improve performance, cut costs, better align remuneration with shareholder interests, and increase investments in distribution." The report found ... |
| | | | UniSuper chief investment officer John Pearce said the start of the financial year has kicked off strongly, following on from a positive 2023/34 result, but going forward the US is better positioned than Australia to continue delivering strong returns. ... |
| | | | ... September," Morningstar said. Meanwhile, in the US, the Nasdaq and S&P 500 gained ground after the Federal Reserve's decision to cut interest rates last month. Mega-cap stocks rebounded after having exhibited weaker performance in previous months. Morningstar's ... |
| | | | Victoria Funds Management Corporation's investment chief has completed the final step in revamping his investment team to build a more efficient delegation structure. Russell Clarke has streamlined his direct reports to four - head of portfolio ... |
| | | | ... interest rates. Additionally, Aird said that despite the strong jobs data, the bank is sticking to its expectations for a rate cut in 2024. "The conviction we have in our call for a 25bp December cut to the cash rate has dipped. But while the risk has ... |
| | | | ... restriction". Principal Asset Management chief global strategist Seema Shah said not only is this the first back-to-back rate cut in this cycle, but it is also the first time in 13 years that the ECB has cut rates in consecutive meetings. "Although ECB ... |
| | | | ... unemployment rate appears more likely to find its way back to 4%, where it was in May. Today's job numbers leave hopes of an RBA rate cut before year-end in tatters." Despite the slight fall in the number of unemployed people, the strong rise in employment ... |
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