Dear Sir/Madam,


 Hi........

 
Are you rugged up?  We hope so! This would have to be one of the coldest Aussie winters I can remember in my life. It's not often you see a morning temperature of 1.5 degrees on Sydney's Northern Beaches.  But interestingly it hasn't converted into epic snow at the ski fields.
 
Greece has managed to attract an icy reception from the Eurozone for its inability to pay its debts. The Chinese share market investors have had their assets frozen for a time as the Government stepped in to orchestrate market behaviour. 
 
The US economy is cooling down after several years of running hot. We expect the US to begin raising interest rates for the first time in many years next month as their attention turns to the distraction of the 'new President show'.
 
At home.......Politicians have been left out in the cold for sticking their snouts in the public trough for over spending on entitlements as the economy begins to chill and contract.  The property market in Sydney & Melbourne, however, seemingly can't be stopped with no interest rate rises in sight.

The good news to warm you up is that many of the markets world wide continue to run warm or some even hot! This means that we continue to expect good positive returns (single digit) for the foreseeable future. Indeed as I write this Newsletter the Chrysalis portfolios have had an extremely strong July performance. We hope this continues for quite some time to come!
 
We look forward to catching up with you soon and we thank you for your valued referrals and for your partnership with me and my excellent Chrysalis team.

 

Chrysalis Lifestyle Planning

Chrysalis Advice team

Chrysalis Lifestyle Planning

Website: www.chrysalislp.com.au

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Any Questions?

Email the Chrysalis Advice team now.
or call +61 2 9972 2633 between 8.30am – 5.00pm from Mondays to Fridays.

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