The Reserve Bank will have sufficient comfort that high inflation has been defeated and cut interest rates in the first half of 2025, but relief for borrowers may not arrive until after Australians go to the polls in the federal election. Economists surveyed by The Australian Financial Review predict the RBA’s May… Read More »Reserve Bank rate cut hopes skirt federal election decider
Personal finances are top of mind for many households as they get set to ring in the new year. About 38% of Americans ranked financial stability as their No. 1 focus area for 2025, according to a recent Allianz Life survey. CNBC reached out to certified financial planners on its Financial Advisor… Read More »5 advisors offer important tips for managing your money in 2025
In the lead-up to Christmas our financial markets in Australia suffered a failure that almost went unnoticed. The failure concerned ASX Clearing & Settlement, which is the central clearing participant (CCP) for all Australian stock markets. It has a duty every day to net settle back to brokers the results of their… Read More »Australia’s largest financial failure of 2024 that no one heard about
Superannuation funds are on track to deliver their best performance in three years as soaring equities at home and abroad push returns firmly into the double digits as 2024 draws to a close. US stocks in particular helped fuel Australians’ retirement savings, with the continuing market frenzy to cash in… Read More »‘Excellent return’: How much your super is expected to grow this year
With a fair share of familiar obstacles and challenges ahead, 2025 will begin with a largely optimistic view for the U.S. economy. Elevated interest rates, potential weakening in the labor market and a likely volatile political climate on Capitol Hill are just some of the hurdles the nearly $30 trillion… Read More »The economic lookout for 2025 is strong, but there’s still a lot that could go wrong
Investors face a tricky backdrop as they head into 2025. Valuations are high in both Australia and the United States, the bull market is stretching into its third year, and the inauguration of Donald Trump looks set to turn geopolitical uncertainty up to 11. With this in mind, we sought… Read More »Ten top fund managers reveal their long-term stock picks
Brighter prospects for global growth and tamer inflation should lift Australian shares to record-breaking territory in 2025, but unlike the thunderous rallies of 2024, future gains will come with greater volatility. Equity strategists predict shares are set to capitalise on easier monetary settings, improved business sentiment and household rate relief.… Read More »ASX to forge ahead in rocky 2025 as bull market limps on
Stocks declined on Friday, led by technology names, but major indexes still posted a positive holiday week. The blue-chip Dow Jones Industrial Average shed 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six sessions. The S&P 500 fell 1.11% to 5,970.84. The Nasdaq Composite slid 1.49% to 19,722.03, as Tesla dropped about 5% and Nvidia fell… Read More »Dow falls more than 300 points Friday but breaks 3-week losing streak: Live updates
As President-elect Donald Trump prepares for his second inauguration in January, a majority of investors are optimistic on his impact on the U.S. economy, according to the latest CNBC Delivering Alpha Stock Survey. In all, 71% participants in the survey think Trump “will be great for the economy and markets,” while 29%… Read More »Most investors think that President-elect Trump will boost markets and the economy, a CNBC survey found
We began the year encouraging investors to lean into risk, and many of the positive market markers we saw at the onset of 2024 will continue as we head into 2025. Growth is slowing but not collapsing, inflation continues to moderate towards targets, and most central banks are lowering interest rates. Source:… Read More »Why investors should be cautiously optimistic about 2025