Rick Maggi

25 May 2020

Coronavirus, Covid-19, Economics

10 implications from the coronavirus shock...

Rick Maggi

25 May 2020

Coronavirus, Covid-19, Economics

10 implications from the coronavirus shock...

Dr Shane Oliver looks at the potential medium-long term implications of the coronavirus shock (an excellent, easy to read summary)…

Rick Maggi

1 May 2020

Economics, Educational

Why global recovery may not look like China's...

Rick Maggi

1 May 2020

Economics, Educational

Why global recovery may not look like China's...

It seems natural that economy-watchers would look to China for clues about other economies' recoveries from the COVID-19 pandemic…

Rick Maggi

22 April 2020

Coronavirus, Economics, Educational

Light at the end of the tunnel...

Rick Maggi

22 April 2020

Coronavirus, Economics, Educational

Here is a summary of where we are currently at. First the bad news and then the good. I will keep it simple…

Rick Maggi

1 April 2020

Economics, Coronavirus

Recession, depression, something else?

Rick Maggi

1 April 2020

Economics, Coronavirus

Coronavirus: Global and Australian shares have fallen well beyond the 20% decline commonly used to delineate a bear market. So where to from here?

Rick Maggi

20 March 2020

Debt, Economics, Event Driven Update, Coronavirus, Market/Economic Update, Mortgage, Wills & Estate Planning, Small Business

Small business relief on loans...

Rick Maggi

20 March 2020

Debt, Economics, Event Driven Update, Coronavirus, Market/Economic Update, Mortgage, Wills & Estate Planning, Small Business

Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months, starting Monday…

Rick Maggi

19 March 2020

Economics, Financial Advice, Financial Planning, Investing, Interest Rates

Emergency interest rate cut (and much more)...

Rick Maggi

19 March 2020

Economics, Financial Advice, Financial Planning, Investing, Interest Rates

Emergency interest rate cut (and much more)...

Today, the Reserve Bank of Australia unveiled a stimulus package of measures to “support jobs, incomes and businesses through this difficult period and they will also assist the Australian economy in the recovery.” Read on…

Rick Maggi

12 March 2020

Donald Trump, Economics, Coronavirus, Investing, Shares, Superannuation

Trump's effort backfires, ASX plunges 7%...

Rick Maggi

12 March 2020

Donald Trump, Economics, Coronavirus, Investing, Shares, Superannuation

Trump's effort backfires, ASX plunges 7%...

Donald Trump’s effort to calm markets has backfired. The ASX is well and truly in bear market territory, at least for now, as the fallout from coronavirus shakes global market confidence.

Rick Maggi

20 February 2020

Educational, Economics, Investing

Advice to the next generation...

Rick Maggi

20 February 2020

Educational, Economics, Investing

Following his recent triumph at the 2020 Australian Open, world number one Novak Djokovic was asked if he had any advice for the next generation of tennis players…

Rick Maggi

13 February 2020

Economics, Educational

Turning down the noise...

Rick Maggi

13 February 2020

Economics, Educational

From bushfires to coronavirus - five ways to turn down the noise around investing…

Rick Maggi

5 February 2020

Economics, Educational, Event Driven Update, Coronavirus

Coronavirus outbreak: economic implications...

Rick Maggi

5 February 2020

Economics, Educational, Event Driven Update, Coronavirus

Coronavirus outbreak: economic implications...

What could the economic consequences of the coronavirus be? Some perspective…

Rick Maggi

16 January 2020

Educational, Economics, Investing

2020: Investment Outlook (Macquarie)

Rick Maggi

16 January 2020

Educational, Economics, Investing

A comprehensive report from Macquarie Bank. Shares, bonds, interest rates, house prices - no stone unturned…

Rick Maggi

10 January 2020

Financial Planning, Financial Advice, Educational, Economics, Pensions, Retirement, Superannuation

2020: Investment Outlook (AMP)

Rick Maggi

10 January 2020

Financial Planning, Financial Advice, Educational, Economics, Pensions, Retirement, Superannuation

AMP’s Dr Shane Oliver breaks it all down with a list of lists for the macro investment outlook.

Rick Maggi

18 December 2019

Economics, Financial Advice, Investing, Market/Economic Update, Pensions, Retirement, Strategy, Superannuation, Wealth Accumulation

Vanguard economic outlook for 2020.

Rick Maggi

18 December 2019

Economics, Financial Advice, Investing, Market/Economic Update, Pensions, Retirement, Strategy, Superannuation, Wealth Accumulation

Read Vanguard’s economic outlook for 2020 and beyond…

Rick Maggi

14 October 2019

Event Driven Update, Economics, Market Risk, Market/Economic Update, Shares

Trade deal or handshake?

Rick Maggi

14 October 2019

Event Driven Update, Economics, Market Risk, Market/Economic Update, Shares

Last Friday the US and China made some promising steps towards a more substantive agreement, but this isn’t a trade deal, yet…

Rick Maggi

6 September 2019

Economics

Recession worries? Not so fast.

Rick Maggi

6 September 2019

Economics

Australian economic growth has slowed to the weakest since the GFC. Talk of recession remains all the rage. But is this a seriously possibility? AMPs Dr Shane Oliver gives us 9 reasons why recession in Australia remains unlikely…

Rick Maggi

20 August 2019

Economics, Event Driven Update

What does the volatility mean for investors?

Rick Maggi

20 August 2019

Economics, Event Driven Update

What does the volatility mean for investors?

Only last month share markets in the US and Australia were at record highs. But ever since President Trump ramped up the US-China trade war again at the start of August, financial markets have seen a significant increase in volatility…

Rick Maggi

2 July 2019

Economics, Investing, Westmount Financial, Wealth Accumulation, Superannuation, Strategy

2018-19: A rough ride, but ok in the end...

Rick Maggi

2 July 2019

Economics, Investing, Westmount Financial, Wealth Accumulation, Superannuation, Strategy

2018-19: A rough ride, but ok in the end...

The past financial year saw a roller coaster ride for investors. Share markets plunged into Christmas only to rebound over the last six months. This note reviews the last financial year and takes a look at the investment outlook for 2019-20…

Rick Maggi

24 June 2019

Economics, Educational, Interest Rates, Wealth Accumulation, Superannuation, Strategy, Stats, Shares

Don't fight the Fed, ECB, RBA...

Rick Maggi

24 June 2019

Economics, Educational, Interest Rates, Wealth Accumulation, Superannuation, Strategy, Stats, Shares

The Federal Reserve (Fed) and the European Central Bank are now looking to reduce interest rates, and here in Australia, we’re possibly looking at another two cuts as the RBA attempts to shore up the local economy. So how should investors respond?

Rick Maggi

4 June 2019

Economics, Financial Planning, Interest Rates, Pensions, Superannuation, Westmount Financial

RBA moves to cut rates...

Rick Maggi

4 June 2019

Economics, Financial Planning, Interest Rates, Pensions, Superannuation, Westmount Financial

After 33 months, the RBA finally moved to cut rates today. As this was largely expectedly all eyes are now focused on the future…

Rick Maggi

14 May 2019

Economics, Event Driven Update, Wealth Accumulation

The trade war is back

Rick Maggi

14 May 2019

Economics, Event Driven Update, Wealth Accumulation

After taking a back seat over the last six months as negotiations appeared to make progress the US/China trade war is back on with the President Trump – “tariff man” - ramping up tariffs on Chinese imports again and threatening more and China moving to retaliate. This note takes a simple Q & A approach to the key issues…