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:

As the global battle against inflation intensifies, leading to higher interest rates, the economic landscape has become increasingly challenging. Most regions are experiencing a slowdown in growth, with some even witnessing slight contractions.

Nevertheless, due to the extensive signals provided by central banks and the subsequent anticipation within the markets, the expectation of lower growth has already been factored into security prices. Despite the tighter economic conditions, global stock markets have managed to sustain positive returns.

In this update, we delve into the factors driving the recent quarterly returns and offer insights on the current enthusiasm surrounding artificial intelligence. Additionally, we provide a contextual understanding of how recessions can impact investment returns.

Our featured article focuses on the mounting menace of financial scams and emphasizes the importance of remaining vigilant against such fraudulent activities. We also highlight a few information hygiene practices that can safeguard our wealth against malicious actors.

Looking ahead, we are beginning to witness a gradual easing of inflation pressures both domestically and internationally. As this trend gains momentum, we can anticipate more expansionary policies from central banks aimed at supporting and bolstering growth in 2024 and beyond.

Our Spring newsletter will be out in mid-September 2023.

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:

How to identify a scam

When it rains it pours. Lessons from a financial adviser

When should you stop paying for health insurance

Click here to download the full pdf version of this 2023.Q2 Economic Commentary

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