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2017 June Quarter Review
Read more: 2017 June Quarter ReviewEconomic Overview Political uncertainty remained a feature in the June quarter as President Trump dismissed FBI director James Comey and French and UK elections were held. In the EU, risk eventually retreated as the Centrist and Pro-EU candidate Emmanuel Macron won a convincing victory in the French elections. In the UK things weren’t quite as clear, with the snap election anticipated to strengthen the Conservative majority before Brexit negotiations, ended by eroding their majority. While commentary from Bank of England Governor Mark Carney and his EU peer Mario Draghi appeared to signal the days of stimulus were numbered and tighter…
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The Land of Confusion
Read more: The Land of ConfusionIf you’re old enough, you probably remember when Phil Collins and a band called Genesis were topping the charts in the mid 80’s. For the most part, they were an easy listening pop/rock band, but at one stage they strayed into the political arena with a song called ‘Land of Confusion’. The tensions between the US and the USSR were high and a threat of nuclear war seemed a possibility. Phil and the boys questioned the wisdom of our world leaders and highlighted the mess the world seemed to be in. There’s too many men Too many people Making too…
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A Reminder on Email Safety
Read more: A Reminder on Email SafetyThe internet and email have changed the way we communicate over the last 20-25 years. While email may seem a little old hat these days with various social media tools emerging as ways to stay in touch, it’s still the major official point of contact between businesses and their clients or consumers.With that in mind, it’s also the place where scammers and con artists attempt to impersonate businesses and government agencies to obtain sensitive data from people. With email traffic in the hundreds of billions each year for scammers it’s a case of sending out traps and inevitably catching someone…
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Shopping for Investment Advice
Read more: Shopping for Investment AdviceIt happens maybe once or twice a month. A call comes into our office with someone wanting to speak to an adviser. They’re not an existing client, nor are they known to us, but they want to talk about investing. It’s always something specific, maybe real estate or gold. The reason it’s always something specific is because the person interested in investing has already made up their mind about what they want to invest in. The reason they want to speak to an adviser is to seek some external validation on their decision. If the adviser agrees with them, they’ll…
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Stock Promoters Outed
Read more: Stock Promoters OutedRead any good stock tips on the internet lately? If you listen to our advice, hopefully not! We’ve long pointed out the dangers of buying individual companies because of a lack of diversification and heightened risk, among other reasons. Now there’s another confirmed danger for anyone getting stock tips from internet sites and online newsletters – the tip writer may be a paid spruiker. Last month the US Securities and Exchange Commission filed fraud charges against 27 individuals and entities that were engaging in paid stock promotion without disclosing that fact. Essentially a listed company would hire a stock promoter…
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