Sell with Confidence
Read More
News

The markets are hopping… Happy Easter!

By Jody Fewster
  • Renewed rate cut expectations triggered a global rally in equities that pushed benchmarks from the US to Japan and Europe to record highs last week.
  • The S&P ASX/200 is within 51 points of its record. Now trading at 7,802 as I type. I suspect there will be some profit taking later in the week.
  • I am less bullish on the chances of our interest rates coming down before the end of the year end due to our “sticky” services inflation and low unemployment rate of 3.7%.
  • Today’s AFR reports that, “Perth posted the sharpest increase in the share of profit-making sales at 91.6%, reflecting the city’s strong showing over the past 12 months. At this level, the Perth market is now more profitable than Melbourne”.
  • We are still under 4,000 properties for sale in Perth, and this time last year it was 7,335.

Call me today for a personalised plan to get you moving.

Up to Date

Latest News

  • Is the Trump Rally coming to an end?…

    With all the goodwill around the world, there is sadly little relief in sight in the Middle East and Ukraine right now. The US election result has produced a “Trump Rally” on markets, with the S&P 500 hitting new all-time high on Tuesday and recording +25.34% year to date. The NASDAQ … Read more

    Read Full Post

  • Gold, geopolitical tensions and more…

    The “Axis of ill will”, as “The Australian” is calling the authoritarian leaders of China, Russia, North Korea and Iran, have been making the headlines for all the wrong reasons. North Korean troops are on the ground in Russia. I didn’t see that one coming! Rising geopolitical tension led to investors flocking … Read more

    Read Full Post