This morning Bruce O’Leary was the guest zoom speaker at the RCMS.

He has had a career in financial markets over the last 30 years including working in London and Singapore for global investment banks such as JP Morgan and Morgan Stanley.

He has been Financial Adviser with Milford Asset Management for the last 8 years offering financial advice to high-net-worth clients and charitable trusts.

Bruce has been involved with Rotary Club of Newmarket managing their substantial trust investments.

 New Zealand is an interest rate sensitive economy and needs more KiwiSaver to be less sensitive to the Global economic fluctuations.  Australia has had KiwiSaver in place for 15 years more than us and as a result has a more robust economy.

USA is the largest global economy and seems to be impervious to financial and economic impacts across the rest of the world. China is the second largest global economy and has long term government economy stimulation.

The big growth in share value now is in the TECH stocks, AI.  Whereas Manufacturing and food stocks are static.