Australian Investment Blog

Today's report is short but important as we look specifically at world indices that have experienced a dramatic correction since the start of 2016. There is no doubt that when many people switch on their TV's, ipads and iphones this morning the first reaction will be to panic after more dramatic moves on world financial markets.

However, at times like this it's important to take a deep breath and consider our longer term view starting with the Market Matters weekend report.Last weekend we predicted the following for the S&P500: "When you stand back and look at the US share market technically it remains bullish although short term a test of 1800 looks likely (another 4% lower).