CARE Quarterly Update – Sept 2022

Please click here for your copy of the September 2022 Quarterly Report.

In summary, over the September Quarter financial markets continued to endure severe volatility and inflation, interest rate rises, invasion and supply chain disruptions continued over the period.

The outlook for inflation, economic growth, interest rates, profits and valuations is changing daily.  There is a wide distribution of potential outcomes for 2023 and it is this wide distribution of potential outcomes that is keeping financial markets volatile.

Central banks, including our RBA, appear to now be adopting a more cautious approach to monetary tightening.  It is expected that the cash rate will keep rising, however, the magnitude of future rate increases will be lower.  “Keeping the economy on an even keel” will not come without uncertainty.

Your Investment Committee continues to watch market developments closely and is managing your portfolios through these very volatile market conditions.

As always, please feel free to contact me if you have any questions about your portfolio and particularly if there has been a change in your circumstances.

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