Monthly Archives: February 2015

Geld Zug: INVESTMENT ARITHMETIC FOR 2015: 2 + 2 = 4

INVESTMENT ARITHMETIC FOR 2015: 2 + 2 = 4 In 2014 my Australian Equities mandate returned 15.1%, but the S&P/ASX200 Index managed only 5.6%. Share prices in the mining sector dropped as iron ore and coal prices fell to levels not seen since 2009. Repeated downgrades to Chinese GDP growth forecasts added to the negative sentiment. In the second half of the year oil prices halved, causing share prices in the energy sector to join the miners in their slide. Things were worse in Australia than overseas: the US S&P 500 index returned 13.6% in CY14, and although European share [...]

2015-02-11T09:57:51+00:00 February 11th, 2015|