The following list is a summary of the major events that took place during in the 2016/17 financial year:
- Global economic growth lifted on the back of a recovering United States economy.
- The world was “Trumpified” and we’re still waiting to see what the true ramifications will be.
- Economic Growth in China has remained higher than we expected sitting at around 5.5% pa.
- Global Inflation remains low, but wages growth is even lower.
- We saw the Federal reserve lift interest rates for the first time since the GFC.
- We’ve seen fluctuations in the oil price as OPEC lose their pricing power.
- Volatility in global shares markets has been at record lows.
- If you lived in the south east corner of Australia, your house price soared.
To read the full article, including how these events affected the financial markets, and our view on where to find the best value investments, click here!