Market update – March 2026
EXECUTIVE SUMMARY Australian equities hit record highs in February, led by gains in the financials and materials sectors. The earnings outlook is improving, with ASX 200 company profits expected to grow about 9% in FY26. The ASX 200 looks a bit pricey versus history – banks are fully valued, while resources appear fairly priced. Dividends […]
February 2026 Market Update
EXECUTIVE SUMMARY 2025 was a rewarding year for investors, with all major asset classes posting gains. Markets adapted to shifting politics, as Donald Trump began a second US presidential term. Economic momentum remains solid into 2026, though high US valuations and equity market concentration warrant caution. The RBA raised interest rates in early February, reversing […]