Lyfords quarterly newsletter reviews key financial market events that have impacted portfolio returns.
Each quarter we have an article on a financial issue we believe will interest our clients.
In addition we often post news updates and blogs on our web site at https://www.lyfords.co.nz/news-blog/
For clients who have transferred, or are looking at transferring their UK Pensions to New Zealand, updates relevant to this are posted at https://www.uk-pension-transfer.co.nz/qrops-news-blog/
In this quarter’s update we discuss:
Following a robust first half of the year, financial markets relinquished some of their gains during the third quarter, with a continued focus on inflation, interest rate expectations, and the future growth outlook. While it appears that the interest rate hike cycle may have concluded in many countries, uncertainty prevails regarding the speed at which interest rates might decrease in the coming months and years.
In our market commentary, we delve into several crucial aspects of the New Zealand economy, including key commodity prices, the residential housing market, and interest rates. In the section on significant market movements, we offer a detailed analysis of the primary drivers behind the recent quarterly returns.
Our feature article examines the current hype around businesses shifting their focus toward artificial intelligence and draws parallels with historical periods to glean insights from past experiences.
We extend our best wishes for the remainder of this year and look forward to providing you with our Summer Update in January 2024.
Between newsletters we often post relevant blogs under the news sections on our web sites www.lyfords.co.nz and www.uk-pension-transfer.co.nz
Blogs posted since our last newsletter:
10 Obstacles to investing – how to overcome them
Staying the course versus timing the markets
Expenditure pattern of retirees
Closure of Kiwi Wealth super scheme
Click here to download the full pdf version of this 2023.Q3 Economic Commentary – Lyford