26 Jun 2024
Market Metrics: Global Macro
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
As we close out another financial year, we all in our own way come to reflect on the past 12 months.
Was 30 June 2024 financial year a good year?
Yes, asset prices have increased but with investing one must keep looking forward.
We have attached growth, inflation and monetary policy expectation for five regions and the message is slow and steady economic activity.
Contributing to this slow and steady economic activity is increased investor liquidity with cash holding rising to US$5.98 trillion in the United States as at 1st April 2024 from US$4.68 trillion in 2020 or 28% according to the Investment Company Institute.
Click to read.
In the words of Benjamin Graham…’the essence of investment management is the management of risks, not the management of returns’… which is why remaining invested according to your appetite for volatility is key and when panic does take hold, react by buying more quality assets at discounted prices.
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