March 2019 - Bongiorno Financial Update

What's in this issue?

• After a strong rebound since December share markets are at risk of a short-term pull back. However, despite this we see this year as being a decent year for share market returns.

• Five key global charts to watch as to whether this will be the case are: global business conditions PMIs; global inflation; the US yield curve; the US dollar; and global trade growth.

• US recession indicators remain ok, but the yield curve is worth watching.

• So far so good, but the PMIs do need to stabilise soon and the trade threat needs to continue to recede.

We hope you enjoy this issue.

Kind regards,

ANTOINETTE BONGIORNO 
LL.B. B.Com. CFP DipFP A.S.A. Cert IV. FMB.

Level 2 
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