Perth Investment News – October 2024
Welcome to the October edition of Investment News.
The quarterly newsletter brings the latest insights and updates on the global and local investment markets, as well as some of the strategies and opportunities we are exploring for our clients.
In this issue, the following topics are covered:
- The September quarterly performance and outlook. It has been one of the more volatile quarters in recent history as war continues to escalate in the Middle East, diverging central banks interest rate decisions in the US and Australia, the implications of the Yen carry trade unwinding in Japan, and the latest Chinese economic stimulus.
- The US election looms large for the current quarter, with a tight race expected. The economic and market impact will largely hinge on the balance of power across both the House and Senate. A split between the House and Senate could temper policy changes. One of the most polarizing issues for the economy is tariffs, especially with respect to the aggressive Republican stance on this issue, which if implemented, would likely put renewed upward pressure on inflation.
- One of the beneficiaries of the energy transition will be copper, and in response, miners are increasing their exposure through acquisition and expansion. This article looks at the response to the market outlook by RIO and BHP as they position their businesses for future growth.
We hope you find this newsletter informative and useful. As our business continues to grow, we appreciate our ongoing referral network, so if you require or know of anyone who needs financial or investment advice, we are here to help.
This newsletter (below) is provided by Pitcher Partner Investment Services Pty Ltd (PPIS) a separate business based out of Melbourne.
Investment Markets In Review – Q3 2024
The September quarter began relatively quietly, before a strong pickup in activity and news flow towards the end of the period.
US Presidential Election – looking beyond the spin
The theatrics, spin, wild accusations/statements and dramatic events that have punctuated the lead into the run up to the US Presidential election are now coming to a climax, ahead of the November 5th election date.
Copper evolution
BHP and Rio Tinto’s recent strategic moves in boosting their copper production will likely lead to their growth in the long term. What’s behind this copper evolution, and how will this impact the commodity market and the global economy?
This website page is published by Pitcher Partners Wealth (WA) Pty Ltd (ABN 74 630 996 664). Simon Montgomery (458 415), Robert Prince (454 781), Leanne Martinez (1003829), Peter Monnock (319032), Christian Golding (248 906) and Pitcher Partners Wealth WA Pty Ltd (1274651) are authorised representatives of Sentry Advice Pty Ltd (ABN 77 103 642 888), AFSL 227748.The information contained in this website and any of the resources available through it including eBooks, fact sheets and seminars (‘Content’) has been prepared for general information purposes only and is not (and cannot be construed or relied upon as) personal advice. No investment objectives, financial circumstances or needs of any individual have been taken into consideration in the preparation of the Content. Financial products entail risk of loss, may rise and fall, and are impacted by a range of market and economic factors, and you should always obtain professional advice to ensure trading or investing in such products is suitable for your circumstances. Under no circumstances will any of Pitcher Partners Wealth WA Pty Ltd, Sentry Advice Pty Ltd, its officers, representatives, associates or agents be liable for any loss or damage, whether direct, incidental or consequential, caused by reliance on or use of the Content. This Content is restricted to Australian residents and is for the intended recipient only. From time to time, Simon Montgomery, Robert Prince, Leanne Martinez, Peter Monnock, Christian Golding and Pitcher Partners Wealth WA Pty Ltd representatives or associates may hold interests in or transact in companies or products mentioned herein, and may receive fees or other benefits, in connection with the making of any recommendation or facilitating a transaction in such companies or products
