ThreeSixty Research Market Update January 2014I’m pleased to enclose the January 2014 edition of Market Update, see article below for full report. Global economies last month continued to show signs of improvement, with rising employment and overall higher demand seen throughout the major economies. In the US, the Federal Reserve started its dial down of QE3, with an initial reduction of US$10b, down to US$75b. Janet Yellen, the new Federal Reserve Chairperson elect, was also voted in by Congress. On the home front, residential property finished 2013 on a strong note, with sales volumes at record levels in Sydney and Melbourne. The Mid Year Economic and Fiscal Outlook was also released last month and concluded that the budget would remain in deficit throughout the forecast period until 2016/2017. Kind regards Sharie Kennedy-Wren |
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Sharie Kennedy-Wren, Holistic Financial Management Pty Ltd are Authorised Representatives of Godfrey Pembroke Limited ABN 23 002 336 254, an Australian Financial Services Licensee, Registered office at 105 –153 Miller St North Sydney NSW 2060 and a member of the National Australia group of companies.
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