Welcome to the final EW&L newsletter for 2024!
Emanuel Whybourne & Loehr
We are taking a new approach to managing and building your wealth. Total transparency.
A massive thank you to our followers and readers for supporting every issue along the way this year. We hoped to bring you the most important, top-of-mind information in an easily digestible manner throughout 2024, and we think we’ve achieved that.?
Next year, we’ll be back and doing it all over again. Until then, sit back and enjoy as we recap the year, with a special shout out to our managing partner, Tim Whybourne, for making the Barron’s list of top 150 financial advisers in the country!
Plus, a look at where we’re heading in 2025.?
Until next year!?
We're very excited to announce that our Managing Partner, Tim Whybourne, has been named in this year's Barron's Top 150 Financial Advisers!
A huge congratulations to you, Tim. Being named on the Barron’s list is a recognition of his outstanding service and unwavering commitment to our clients, which many of you have been able to experience over the years.?
Thank you to all our clients for your trust in us, we look forward to continuing to serve you in 2025 and beyond.
The Exchange Podcast, Presented by Emanuel Whybourne and Loehr: December Catch-Up
Catching up on our most notable episodes and guests from the last month:??
Partners Podcast – Don’t Fight The Fed!
In today’s episode, the partners catch up and discuss everything from the US election, Tim's recent trip to the JPM conference in Bangkok to current opportunities in markets, and their predictions on how markets will finish up for the year.?
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Armen Panossian (Co-CEO, Oaktree Capital): Navigating the 2026-27 Liquidity Gap
In this episode, Partner and Private Wealth Advisor Ryan Loehr speaks with Armen Panossian, the co-CEO of Oaktree Capital.?
Oaktree is one of the most renowned investment businesses in the world, most famous for its capability in distressed debt and heavily influenced by Howard Marks who co-founded the business nearly 30 years ago.?
Beyond distressed debt, Oaktree oversees more than $193B for investors, which include most of the largest US pension funds; many sovereign wealth funds; endowments, large institutions, and family offices. The business invests across credit, private equity, real estate, and listed equities.
Shark Tank’s Steve Baxter: The opportunity for outsized returns in defence through Steve's new Venture Capital Fund – Beaten Zone Ventures?
In this episode, Managing Partner Tim Whybourne catches up with serial entrepreneur, venture capitalist and TV personality Steve Baxter. They discuss everything from Steves's background, his early wins in business through to his latest venture investing in anything defence-related where many other funds are not able to.
To discover more about each episode, head to ‘The Exchange by EWL Private Wealth’ on Apple Podcasts.
After a Strong Year in Equity Markets in 2024, Where do We Head in 2025??
领英推荐
2024 has been marked by remarkable growth in global equity markets, with a strong performance across major indices. But as we turn the page to 2025, investors are left grappling with several pressing questions that could shape the economic landscape and financial markets in the year ahead.
In the United States, a new Trump administration is set to take office with ambitious promises, including sweeping tax cuts and potential new tariffs.?
Meanwhile, Australia is gearing up for a federal election by May, adding an extra layer of uncertainty to an already complex economic environment. The decisions made in both of these political arenas are bound to have far-reaching implications for investors around the world, particularly in the Asia-Pacific region.
Several key questions are at the forefront of investors' minds as they look to the year ahead:
The Fed's monetary policy has been a focal point for markets throughout 2024. With inflation under control and economic growth showing signs of cooling, will the Fed pivot to a more dovish stance in 2025, or will it hold steady, waiting for stronger signs of economic stabilisation?
Australia has mirrored the global trend of low interest rates for some time. But with rising domestic challenges, including housing affordability and wage stagnation, will the RBA adjust its policy to boost domestic spending, or will it remain cautious, concerned about fuelling inflation?
After a period of volatile price growth, inflation has moderated in many regions, but could a rebound be on the horizon? Factors like wage pressures, supply chain disruptions, and global commodity prices could all play a role in pushing inflationary pressures back into the spotlight in 2025.
Tensions between the US, China, and other global players show no signs of easing, and the introduction of new tariffs could have serious implications for Australia's export-driven economy. How will Australia navigate these risks, and what impact will it have on local industries like mining, agriculture, and manufacturing?
After years of sluggish growth, will China experience a sustained economic recovery in 2025? As Australia's largest trading partner, any positive or negative turn in the Chinese economy will have direct implications for Australian exporters, from iron ore to education services.
The May 2025 federal election will likely bring new policies, promises, and debates around issues like taxation, social welfare, and climate change. The outcome could significantly impact business confidence, government spending, and the direction of Australia's economic policies, with possible ripple effects across the Asia-Pacific region.
At this juncture, it’s clear that the bull case for global equities is still in play, as markets continue to ride the wave of optimism from 2024.?
However, like any market cycle, things can shift quickly. The answers to these critical questions could fundamentally change the trajectory of both the global and local economies. A favourable resolution could reinforce the positive sentiment, but a misstep or unexpected event could trigger a sharp reversal, leading to volatility and potential downside risks.
As we enter 2025, investors will need to remain vigilant and adaptive, keeping an eye on developments both at home and abroad. The year ahead promises to be a period of significant economic and political transitions – one that could offer both challenges and opportunities for those ready to navigate the uncertain waters.
Thanks for reading! We’ll see you again next year.
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