After first publishing this blog in June 2021, the ASX200 Index has notched up two straight months of gains, taking its run to ten consecutive months of gains. European markets have recorded six consecutive months of gains, and US markets also continue to hover near records.
Thursday 5th August 2021 signalled a significant day in American policy, with Biden signing an executive order calling for half of new vehicles sold in the US to be electric by 2030 as part of plans to slash transport emissions. Not only do we believe this is a step in the right direction for the planet, but the additional investment into the green sector and job creation could also be the triple win we all need right now. Read Post
09-08-2021
George Lucas, Raiz Group CEO
In the US, 80 per cent of S&P 500 companies have now reported second-quarter results, with a record 86 per cent exceeding expectations on profits, according to data from S&P.
There is always a lot of interest from our community in the performance of our portfolios. We are pleased to announce the one and three year performance of our portfolios, where five of our portfolios outperformed the relevant three year Chant West industry benchmark (for Moderately Conservative there is no corresponding benchmark and Sapphire only has 1 year of performance).
At Raiz we strive to make your investing journey as straightforward as possible, and we think that these three graphics from our App guide show some of the ways that you can interact with the Raiz App as you save and invest.
26-07-2021
George Lucas, Raiz Group CEO
We’ve seen the US Q2 earnings season start, and it has so far been a strong start. Just over 20 per cent of the firms in the S&P 500 have reported Q2 earnings, and the news has overwhelmingly been very good, with a record high 88 per cent of firms beating analyst consensus expectations.
It’s July already! For many July means tax time, a chilly month or two before we head towards summer, and this year the Commonwealth Games starts in Birmingham on 28th July, 2022.
There will be many athletes aiming for personal bests and gold medal glory. But it’s not only athletes striving for their best outcomes.
Before this becomes a name popularity contest, let us clarify that HENRY and MIRIAM are both acronyms.
For the first time ever in Australia, the mandatory super contribution by employers has reached 10 percent, up from 9.5 percent.
12-07-2021
George Lucas, Raiz Group CEO
First let’s look at developments this week in Asia. In Malaysia, the nation’s central bank left its policy rate on hold at 1.75 per cent on Thursday despite the poor economic outlook, suggesting further loosening is unlikely.
