Kapiti Financial Advice Limited – KiwiSaver and Investment

US economy and corporate earnings prove resilient in July

The resilience of the US economy remained a feature of financial markets during July. Economic data generally exceeded expectations, supported by steady consumer spending, a healthy labour market and ongoing business investment. The continued run of stronger-than-expected economic data has reinforced the view that the US economy remains more resilient than many anticipated at the … Read more

Monthly View – November 2024

A small correction in global share markets in October followed a dramatic rise in longer-term US interest rates. Global bond yields moved higher on better-than-expected US economic data and a focus on the growing size of America’s national debt. Stronger than forecast US economic data was one of the reasons why US longer-term interest rates … Read more