Market commentary
-
We don’t need those rates to rise
David Buckland
February 2, 2017
In terms of household debt to disposable income (187 per cent) and household debt to GDP (125 per cent), Australian householders are vying for gold in the debt Olympics. Our love affair with property has been greatly assisted by record low interest rates and this reduction is illustrated below with the “Interest paid to disposable income ratio” declining from 13 per cent to just over 8 per cent over the past decade. continue…
by David Buckland Posted in Market commentary.
- 3 Comments
- save this article
- POSTED IN Market commentary
-
Are small and mid-cap stocks good value?
Roger Montgomery
January 27, 2017
Let me start by making something clear. The best returns will not come from the large-cap blue chips that so many baby boomers are invested in. They are likely to come from the stocks that have been beaten up the most in recent months.
continue…by Roger Montgomery Posted in Companies, Editor's Pick, Market commentary.
-
Is the extraordinary bond market rally about to end?
David Buckland
January 25, 2017
The 36-year bond bull market is stretched and set for a serious nose dive, says Harvard University researcher, Paul Schmelzing. Schmelzing says global inflation could trigger large losses on bond holdings, subpar growth in developed markets, and balance sheet risks for banks. continue…
by David Buckland Posted in Economics, Market commentary.
- save this article
- POSTED IN Economics, Market commentary
-
What you need to know about blockchain
Lisa Fedorenko
January 17, 2017
Back in 2008, Satoshi Nakamoto conceptualized the first blockchain. The following year, he used it as a core component of the digital currency, bitcoin. Since then, blockchain has become something of a buzz word. So what is it, and why does it matter?
continue…by Lisa Fedorenko Posted in Market commentary, Technology & Telecommunications.
-
The key investment trends in FY16
Scott Phillips
January 16, 2017
The 2016 financial year saw some significant changes in investment in Australia. There were major movements in relation to global shares, fixed interest, global property and infrastructure, and alternatives. We can learn a lot by looking at where the money flowed. continue…
by Scott Phillips Posted in Market commentary.
- save this article
- POSTED IN Market commentary
-
WHITEPAPER
INTEREST RATES, THE BEST IT GETS. IT’S TIME TO DEPLOY CASH
Curious about the investment landscape in 2024? It appears that the current market offers a plethora of enticing opportunities for investors, a rarity not experienced since pre-pandemic times. This unique scenario stems from a confluence of factors, including elevated yields and comparatively rational equity valuations.
READ HERE -
The answer is blowing in the wind
Roger Montgomery
December 20, 2016
With thanks to Bob Dylan, a reading of the minutes to the December RBA’s board meeting reveals there’s a change in the wind. Typically, what we were taught in economics about Australia’s Monetary Policy has been precisely how the RBA applied its levers. Inflation and economic growth determined the changes in the settings. continue…
by Roger Montgomery Posted in Market commentary.
- 1 Comments
- save this article
- POSTED IN Market commentary
-
Where to find the best returns for 2017
Roger Montgomery
December 12, 2016
Humans are notoriously bad at picking turning points. We tend to believe the future will look like the recent past. That’s why so many investors make decisions about the future by looking in the rear view mirror. However, I believe the best returns over the next few years will come from buying high quality, high growth companies – many of which are now at beaten-down prices.
continue…by Roger Montgomery Posted in Editor's Pick, Market commentary.
-
Buyer beware: rising rates could send low-growth big caps into reverse
Roger Montgomery
December 9, 2016
After an extended period in the doldrums, interest rates are finally on the rise. As I’ve written before, this could have a momentous effect on asset prices. And most at risk will be those who have accumulated immense debt, and investors who have bought shares in low-growth big caps. continue…
by Roger Montgomery Posted in Market commentary.
- 3 Comments
- save this article
- POSTED IN Market commentary
-
It’s time to take advantage of mis-priced stocks
Tim Kelley
November 30, 2016
If the current market is shaking your confidence, don’t worry – you’re not alone. Right now we’re seeing many lower quality businesses being bid higher, while high quality businesses are getting hammered. Is this a rare opportunity to take advantage of mis-priced securities? We think so, provided you’re willing to ignore market noise and think longer term.
continue…by Tim Kelley Posted in Market commentary.
- 4 Comments
- save this article
- POSTED IN Market commentary
-
So bond rates are not ‘lower for longer’
Roger Montgomery
November 28, 2016
For most of 2016, we have warned investors about the dangers of accepting historically low bond rates as the ‘new normal’. The reality is that US 10-year rates lower than at any time since George Washington was sworn in as the first President of the United States is anything but normal.
continue…by Roger Montgomery Posted in Market commentary.
- 4 Comments
- save this article
- POSTED IN Market commentary
