TO BE RECATEGORIZED

The ASX 200 (ASX:XJO) delivered a sixth straight day of gains, taking the run to over 6%, as it finished up 2.4% on Tuesday following the public holiday in Victoria.

The ASX 200 finished a sixth straight week in positive territory, adding 4.2%, but gaining just 0.1% on Friday.

The end is near The Australian economy is now experiencing its first recession in close to 30 years. The initial impact of the COVID-19 outbreak sent domestic GDP down -0.3% in the March quarter, with experts predicting a contraction of as much as -8.4% in June. But what does it mean? Clearly nothing as markets…

Preliminary unofficial data on registrations of self-managed super funds (SMSFs) points to resurgent popularity of the vehicle. While Australian Taxation Office (ATO) data has not been officially updated, unofficial numbers have been shared at conferences showing a spike in registrations, reversing a trend of the last few years – indicating that Australia’s army of 1.1…

As the world undergoes potentially the greatest economic calamity since the 1930s, Australians of all ages are experiencing anxiety and fear about their financial wellbeing. In fact, the great majority of Australians do not have a relationship with a financial advisor. According to the latest research by AMP, the advice gap is wide and getting…

A dedicated allocation to ASX listed REITs is largely an Australian idiosyncrasy as a legacy from the high weight and structural elements of the property trust sector in its heyday. The 2009 financial crisis should have put paid to the role REITs had in portfolios given their distribution cuts and capital raisings at the time….

At Rask Australia, we believe an investment strategy and process should change when the facts change, as John Maynard Keynes famously said.

Global sharemarkets continued their incredible rally even as protests and riots continued in the US, following President Trump’s call to bring in the military.

Despite widespread geopolitical and societal tension, be it from US protests or the threat of a renewed trade war with China, the market seem to keep powering through exhibiting the disconnect between Wall Street and Main Street.

With markets waiting with baited breath for President Trump’s speech on his policy towards China. The ASX 200 (ASX:XJO) fell heavily in the afternoon to finish down 1.6% for the day.

Here’s what Australian financial planners need to know about ASX shares and overseas markets on Friday morning. The ASX is expected to open slightly lower.

Wednesday proved to be another wild day for markets with Australia’s ASX 200 index down over 1% at the open, only to rally 2% and finally finish 5 points down as the session ended.