From the Desk of Andrew Corke

I hope you’re well.

I acknowledge that there is a lot happening in Australia and around the world at present on the back of the bushfires and the uncertainty surrounding the coronavirus – and fingers crossed worst case scenarios do not eventuate! But I would like to divert your attention elsewhere for a minute if I could please?

One of the key ingredients to successful investing is being able to predict the future, and one of the key challenges at the moment is trying to forecast what will happen to the global transport market in terms of electric cars?

One of our clients suggested I watch a YouTube video last week and I found it so thought provoking that I recommend you watch it too. It provides an interesting view on the coming disruption in transport by Tony Seba. It’s titled the “Future of Transportation”. Warning: the talk takes about an hour, but it’s quite addictive!

Please enjoy the video and our February edition of the CWM Financial Advisers 'Monthly Update' and the attached market update. Please feel free to share your thoughts with us!

We look forward to continuing to look after you and your financial arrangements.

Warm regards,

Andrew Corke
CERTIFIED FINANCIAL PLANNER®
Principal

ThreeSixty Research Market Update - February 2020

Highlights:

Markets enjoyed a reprieve from the US-China trade war, although the issue is expected to remain live as we near the US presidential election in November.
Geopolitical tensions gave way to the outbreak of the coronavirus, resulting in travel restrictions and quarantine measures imposed by the Chinese authorities.
The worst appears to have passed for the eurozone, but weakness in the German economy has been exacerbated by the disruption to global trade.
The Australian bushfires will be a drag on economic growth, but RBA Governor Philip Lowe said the effects will be temporary.
The UK officially left the EU on 31 January and will enter a transition period until the end of 2020, during which the government will need to secure a trade deal.

If you have any questions regarding this report or would like to discuss your portfolio, please contact me directly on 03 9699 3340

Read full February 2020 market update report >>