Here at Michael's Musings, a Perth planner will help you sort out the real information in amongst all that noise. Feedback and comment cheerfully received, even if sometimes ignored.
This web site is operated by Michael O'Hara, an Authorised Representative of WSP Financial Services Pty Ltd (AFSL 237463), which trades as Wealth & Security Planners.The views expressed within this website are Michael's personal views, and should not be interpreted as necessarily representing the views of WSP Financial Services Pty Ltd.
2012 is definitely lining up to be a watershed year, in which some of the global monetary tensions built up over the past 4 years finally work themselves out. The big question, of course, is exactly how these monetary pressures will resolve. Panic Buy or Panic Sell? In my role as a...
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Like it or hate it, our little blue planet spinning in space is currently focussed on money. Sport, gardening and cooking shows may interrupt for a while but all across the globe the big competition is money. Economic World Title Fight It is not really a stretch to say that looking at the way countries...
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It has been an eventful couple of weeks. Time is short at the moment, so todays’ post will make comments without directing you to a lot of the underlying data. In other words, we are going to mainly consider my thoughts and judgements as opposed to facts and analysis. There is an enormous...
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Isn’t it great when someone actually gets around to doing something that you’ve been nagging friends and family about? You know, when Great Idea No 726 actually comes to life? Well, here is my example… The New York Times has being doing its patriotic duty, and following the trials and tribulations of US politicians...
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Sometimes it seems like the whole world is holding its breath. That is about where we are at right now in financial circles. The major currency and debt markets are hushed in tension as they await the outcome of the standoff between the IMF, ECU Central Bank, Germany, the Greek government and the population...
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Here is a 6 minute update on where the Australian sharemarket currently stands, including a brief discussion of the major issues currently impacting on share prices. httpvh://www.youtube.com/watch?v=3HJ8ZKfQp48 Australia’s sharemarket is scaring people There is a lot of fear and misinformation out in the marketplace at the moment. A good deal of it appears to...
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Yes, that’s right. You heard all about it here first. The good news of the day is the successful launch of Fosters’ wine business as a company of its own – Treasury Wine Estates. I for one, intend to celebrate that with a lovely glass of red at the earliest convenience. And while i’m...
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When is inflation not inflation? A rather rhetorical question for a Friday, to be sure. However, this particular pondering has been brought on by one of WSP’s business partners – John – who has been looking at the Reserve Bank of Australia’s (RBA’s) recent attempts to keep inflation under control. John’s comments are that...
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The Reserve Bank today released the minutes of its Monetary Policy Meeting held on the 5th April. You may recall that the end result of that meeting was that rates were left alone, much to the relief of borrowers around Australia. The commentary was interesting, even if only for the suggestion that interest rates...
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The RBA has increased interest rates by another 0.25%. Most people won’t notice for a while, as they are still busy enjoying Melbourne Cup luncheons and the like. It is an interesting move, this one. Obviously, any move of rates is a keenly watched event – much like the 150 year old horse race...
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