This presentation provides an economic and investment markets update covering key global issues, the state of the Australian economy, and the stock market. Regarding global issues, concerns include the impact of President Trump's policies, potential US interest rate increases, political instability in Europe, and stability of the Chinese financial system. The Australian economy is growing slowly, inflation is low, and housing affordability is a major issue. Interest rates are rising both in Australia and abroad. Overall stock market returns have been positive in the past year but geo-political risks remain high.