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Drew Meredith

Publishing Editor

Drew is publisher of the Inside Network's mastheads and a principal adviser at Wattle Partners.

Drew Meredith results

Financial Planner’s morning report – Thursday

The US market ended its winning streak overnight, with the Dow Jones (IND:DJI) retreating 0.6%, the S&P 500 (IND:SPX) -0.4%, with the NASDAQ (NASDAQ:NDAQ) once again immune from any weakness, adding 0.1%.

Drew Meredith | 18th Jun 2020 | More
Financial Planner’s morning report – Wednesday

CNBC reportedly coined the phrase ‘Kangaroo’ market today with commentators giving on predicting its direction. The term best describes the daily experience of investors as the market ‘bounces’ around.

Drew Meredith | 17th Jun 2020 | More
Institutional investors reveal COVID-19 impact

Global asset manager State Street Corporation released a survey of institutional and sovereign wealth investment professionals last week. The report offered insights into a survey of 640 executives spanning defined benefit funds (33%), corporate pension plans (25%) insurance (32%) and sovereign wealth funds. The report was commissioned through data collection group CoreData and provided some…

Drew Meredith | 17th Jun 2020 | More
Financial Planner’s morning report – Tuesday

Fed to the rescue The ASX 200 (ASX:XJO) caught up to Wall Street’s Friday falls, dropping another 2.2% and taking the losing streak to three consecutive days. The weakness was driven by a combination of cyclicals and the financial sector, with energy down another 3.4% along with consumer discretionary. Wesfarmers Ltd (ASX:WES) lead the sector…

Drew Meredith | 16th Jun 2020 | More
Financial Planner’s morning report – Monday

It was a mixed end to the week for the ASX 200 (ASX:XJO) falling 1.9% but recovering from intra-day lows of 3.4% as US markets showed investors were ‘buying the dip’.

Drew Meredith | 15th Jun 2020 | More
  • Financial Planner’s morning report – Friday

    Sharemarkets around the world capitulated on Thursday as concerns of a second wave of the Coronavirus hit the US, the S&P 500 shedding (SPX:IND) 5.9% with only one constituent, grocery retailer Kroger’s Inc. (NYSE:KR) posting a positive return.

    Drew Meredith | 12th Jun 2020 | More
    Financial Planner’s morning report – Thursday

    The ASX 200 (ASX:XJO) managed to hold onto a small gain on Wednesday, adding 3.5 points despite dropping 1% at the open. CSL Ltd (ASX:CSL) almost singlehandedly floated the market, with its 2.6% rally adding 10 points to the ASX 200 alone.

    Drew Meredith | 11th Jun 2020 | More
    Financial Planner’s morning report – Wednesday

    The ASX 200 (ASX:XJO) delivered a sixth straight day of gains, taking the run to over 6%, as it finished up 2.4% on Tuesday following the public holiday in Victoria.

    Drew Meredith | 10th Jun 2020 | More
    Financial Planner’s morning report – Tuesday

    The ASX 200 finished a sixth straight week in positive territory, adding 4.2%, but gaining just 0.1% on Friday.

    Drew Meredith | 9th Jun 2020 | More
    Financial Planner’s morning report – Friday

    The S&P 500 broke three straight days of gains, falling 0.2% as investors seemingly became exhausted from an extended rally. This

    Drew Meredith | 5th Jun 2020 | More
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