While there has been much commentary on the debt crisis within Europe (especially Greece) and to a lesser degree the financial and economic outlook for the US economy, we at Banksia Partners have not (rightly or wrongly) seen reason to significantly change our underlying investment asset allocation strategies.
In our role as investment advisers we are by nature ‘domestically focused’, that is, our investment recommendations are biased towards Australia and the Australian economy. Accordingly, we tend to continuously assess our investment assets allocation strategies from the perspective of ‘how is the Australian economy positioned and will this (particular issue) affect us’. << Read More >>
Nice and informative, well done!
Thanks for an accurate and timely summary. We are in for a long slow re-setting of the growth outlooks for Europe and USA. thankfully China seems to have strong domestic growth and that will keep demand up for Australian inputs. the lower A$ will help terms of trade as you point out.
we need the RBA to take the trigger off the interest rate gun as Australia is not immune from a slowdown despite the solid performance. Infation is not a bad thing when the western world is loaded with debt