The slump in home prices continues After surging by 28.6% from their pandemic lows early this year to record highs on the back of record low interest rates, home prices are continuing to plunge on the back of the fastest surge in interest rates since the...
Market Trends: pivot hopes return Major asset classes: Equities, bonds and cash Although global bond yields lifted modestly further and forward earnings slipped lower in October, global equities rebounded as hopes of a slowdown in central bank tightening caused a solid bounce in PE valuations and a...
The Government has implemented its election policies and expects lower budget deficits this year and next thanks to another revenue windfall and various savings. Future years show a significant deterioration though as structural spending pressures, higher interest rates and lower productivity growth impact. As the...
Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. It is measured as an annual percentage increase. When inflation rises, every dollar buys a smaller amount of goods and services. The value...
Market trends: bonds and equities slide further [vc_video link='https://www.youtube.com/watch?v=3FvtuDu5Vr0'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Major asset classes: Equities, bonds and cash Both global bonds and equities fell further in September, with equity returns again weaker than that of bonds. Cash remained king. The key development in the month...
“This time is different” have been described as the four most dangerous words in investing by Sir John Templeton. But there is good reason to believe this Australian home price downturn cycle will be different. Most assets (cash is an obvious exception) benefited from the...
Markets have moved with such speed and velocity in both directions since the beginning of the COVID outbreak it has been difficult for investors to adjust with so much conflicting information being circulated. Decades of data, however, shows that staying invested through volatile times has been...
Market Trends: Equities and bonds struggle After posting positive returns in July, both global bonds and equities fell back in August, with equity returns marginally weaker than that of bonds. The Bloomberg Global Aggregate Bond Return Index ($US hedged) was down 2.6%, reflecting a 0.5% rise in...
Market Trends: Falling yields boost stocks [vc_video link='https://www.youtube.com/watch?v=B7i57i7BR9c&t=1s'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Major asset classes: Equities, bonds and cash Global equities and bonds staged a rebound in July, with both outperforming cash. Emerging signs of weakening global growth saw bond yields ease, as markets scaled back central...
Global Equity Fundamentals – valuations OK, but earnings now a risk After some consolidation in May, global equities weakened further in June. The MSCI All Country World Index declined by 7.4% in local currency terms, after a decline of only 0.2% in May. The trend remains...