Update: European Sovereign Debt
As many of you are aware we have hit a malaise in financial markets.
Why are we not growing?
The main reasons are most likely the excess residential property construction in China with the associated borrowing/credit binge and Europe.
Europe is still not firing in terms of economic activity after being flooded with cheap money which means that labour reforms will be needed to for it to become more competitive.
This type of upheaval in Europe could easily result in deflation if policy is lacking which would present investors with the opportunity to buy more quality assets at reasonable or better still discounted price.
We are certainly not trying to speculate but instead want to bring attention to the fact that global financial markets are not well and could easily fall 10% to 20% (technically called a crash) and that presents an opportunity to add to your investments.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me via Contact Us or to call me on +61 2 9267 2322.
24th-October-2014 | 
