Market commentary
-
Are you taking a longer-term view?
David Buckland
May 7, 2020
Currently, the US S&P 500 stands at 2,870 points, down 15 per cent from its February 2020 peak. (Meanwhile, the Australian All Ordinaries Index at 5,450 points is 25 per cent below its peak). On most fundamentals, markets have justified high valuations on the back of historically low interest rates. continue…
by David Buckland Posted in Global markets, Market commentary.
- save this article
- POSTED IN Global markets, Market commentary
-
Is this a FOMO rally?
Scott Phillips
May 6, 2020
A lot has been written about the COVID-19 crisis and undoubtedly it will go down in history as a monumental market crash, and so far it has been one of the quickest technical “bear” markets on record, with the S&P 500 hitting its high on 19 February 2020 and into a bear market just 16 days later. continue…
by Scott Phillips Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
Popular Analysis that has no value
Roger Montgomery
May 5, 2020
In this video insight Roger discusses stock market analogs and attempting to predict what the market is going to do in the future. How effective are such analogs? Not very, because the companies that make up the market are impacted differently and because interest rates, government and central bank settings, labour and productivity are all dissimilar and the drivers of markets will cause a different reaction. continue…
by Roger Montgomery Posted in Market commentary, Video Insights.
-
Some positive signs emerging
Tim Kelley
May 4, 2020
We have previously written at length about our assessment of the evolving COVID-19 crisis, and the way investors might think about navigating the challenging market conditions that came with it. While conscious of the fact that there are only so many articles on the topic that readers need to see, today we add further hay to the stack, but this time with a more optimistic slant. Some of the developments that have caught our eye recently are unambiguously positive and may prove to be important in shaping the market environment over the next 12 months. continue…
by Tim Kelley Posted in Market commentary.
- 4 Comments
- save this article
- POSTED IN Market commentary
-
Australian dividends forecast to be cut the most in the world
Andreas Lundberg
May 1, 2020
It should come as no secret that Australian companies are paying very high dividends in comparison to international companies. Compared to other major stock exchanges in the world, it is only the London Stock Exchange that has a higher dividend payout ratio – the portion of a company’s earnings that is paid out in dividend rather than retained in the company. continue…
by Andreas Lundberg Posted in Companies, Market commentary.
- save this article
- POSTED IN Companies, Market commentary
-
WHITEPAPER
HIGHER RETURNS AND LOWER RISK? YES, IT’S POSSIBLE WITH PRIVATE CREDIT
Discover how private credit can deliver higher returns with lower risk in our latest whitepaper. Learn how the Aura Core Income Fund’s AA equivalent rated portfolio has consistently outperformed while maintaining transparency and robust risk management. Unlock the insights to achieve superior risk-adjusted returns today.
READ HERE -
Is it finally safe to buy?
Roger Montgomery
April 30, 2020
With the Australian market rebounding strongly, some investors could be experiencing a fear of missing out. But an analysis of economic conditions tells me there’s no rush to dive in. With the market looking expensive, so many uncertainties in the world, and a growing list of dilutive capital raisings, is it a good time to sit on your hands? continue…
by Roger Montgomery Posted in Market commentary.
- 6 Comments
- save this article
- POSTED IN Market commentary
-
Where to invest in a post-lockdown world
Roger Montgomery
April 29, 2020
Now that governments are talking about re-opening the economy, investors can start thinking about the businesses that might provide the best returns as we emerge from economic hibernation. Here, I give a quick appraisal of the investment landscape, and identify the key attributes of businesses that I think will rebound the hardest. continue…
by Roger Montgomery Posted in Market commentary.
- 21 Comments
- save this article
- POSTED IN Market commentary
-
Has a down-leg commenced?
David Buckland
April 27, 2020
With the S&P 500 and the Australian all Ordinaries Index possibly stalling in the terms of the most recent rally at 2,870 points and 5,550 points respectively, I have received a few telephone calls from investors asking, “has the Wave C down-leg commenced?” continue…
by David Buckland Posted in Global markets, Market commentary.
-
Jobs vs lives: the tough decision governments have to make
Roger Montgomery
April 21, 2020
When you compare our COVID-19 experience to that of other countries, it’s clear that our governments – at all levels – have done a stellar job in keeping almost all of us safe. They’ve done this by shutting down much of our economy. But now they’re faced with the inevitable dilemma: how soon to open it again? continue…
by Roger Montgomery Posted in Market commentary.
- 6 Comments
- save this article
- POSTED IN Market commentary
-
How to invest into an unknowable future
Roger Montgomery
April 17, 2020
Danish physicist, Niels Bohr, is reputed to have quipped that “It is very hard to predict, especially the future.” And never has this been more so than right now. Amid a confluence of events for which there are no precedents, it is impossible to make perfectly informed investment decisions. However, even with this extreme level of uncertainty, I believe there are principles investors can use to help guide their decisions. continue…
by Roger Montgomery Posted in Market commentary.
- 2 Comments
- save this article
- POSTED IN Market commentary
