Wealthwise Client Newsletter – 1st June 2012

 

The Wealthwise weekly newsletter is just a small part of the ongoing service that Wealthwise offers its clients.

 

If you would like to discuss your financial future with one of our advisers call us on (08) 9380 6333 or send us a message using our Contact Us page and we will get back to you.


In This Week’s Client Newsletter:

Feature article:

“Understanding Fixed Interest Investments”

 

Overseas:

Standard & Poor’s downgrade 5 Spanish banks.

Saudi Arabia increases oil production.

Markets a bit happier with Greek polls showing pro-euro parties gaining support.

But, overall, May was a miserable month for the markets following the trend of 2010 AND 2011.

Gold still seen as poor alternative to US dollar and government bonds..

 

Australia:

WA leading overall rise in spending but retail sales drop slightly.

Aussie dollar drops to 2012 low – good news for businesses.

Domestic markets predicting the RBA will cut rates again by the end of June.

 

Plus all the usual news roundups on the WA Housing Market, Fuel prices,
Celebrity Birthdays and Sports.

 

 

How Moody’s, Standard & Poor’s and Fitch Rate The World

These days it can be all so confusing trying to follow which countries are investment grade (not Greece) and which countries are looking a wee bit risky.

It doesn’t help that the Big Three ratings agencies Moody’s, Standard & Poor’s and Fitch can vary in their outlooks.

Anyway, to try and help you to have an overview of the current state of play we found this interactive map at Chartsbin. Choose the agency you want from the dropdown box and just move your mouse over the country of your choice.

Enjoy!

 


via chartsbin.com