In this episode of the Weekly Finance News Wrap, Paige Estritori discusses the impending global trade tensions and geopolitical uncertainties affecting market valuations. Investors are urged to regard the increasing disparity between asset prices and real economic conditions in Australia, and to observe disciplined investing in underestimated sectors. The ASIC has fined two financial licensees for allowing unregistered advisors to provide personal financial advice, emphasizing regulatory compliance. Recent labor market statistics show a rise in unemployment and modest job growth. Australia's fiscal challenge looms with a combined budget deficit of $52 billion and a projected net debt of $1.2 trillion. Policymakers are urged towards prudent financial management for economic sustainability. The episode also notes the impact of recent cost-of-living data on the Reserve Bank's decisions. Keep track of your financial decisions amidst these uncertain times.