Good Morning, Last night, when news hit that another plane has crashed into the French Alps, I quickly jumped on my phone...

Niv Dagan

Peak Asset Management

Good Morning, Last night, when news hit that another plane has crashed into the French Alps, I quickly jumped on my phone and contacted my sister, who is skiing in the French alps..... Luckily she and her friends are all ok...... but this recent disaster puts everything once again back into focus..... Day in, Day out we focus on making money for our clients, however, without your health, family and friends, what do you have? Last night, US stocks drifted lower, as equities kept in a tight range. Declines on the Nasdaq were held in check by a boost from Google, up 2.3 per cent to $US578.24. What is also interesting in that Consumer Prices in the US have jumped, meaning that inflation is on the rise...... Does this mean that the US fed will raise interest rates before September? Commodities were mixed with Crude Oil down to $47.42/barrel, Gold up $5.30/oz. to $1,193/oz. and the AUD/USD now trading just under $0.79. The SPI is pointing to a 6 point fall this morning.


Niv Dagan
Niv Dagan
Executive Director
Peak Asset Management

Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...

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