Market Trends: Fears of a Global Recession Fading Fast [vc_video link='https://www.youtube.com/watch?v=xH_HGiKGhBI'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Market fears of a global recession anytime soon are now all but eradicated. Resilient US economic growth, hopes of a broadening in global growth to non-US regions, artificial intelligence euphoria...
Market Trends: Shares rally, but valuations look stretched Easing fears of a global recession remained the major global market theme in February, with the US Federal Reserve signalling the next move in rates is likely down. The only near-term debate is how quickly the Fed will...
Equity Markets: What Will Happen When Interest Rates Fall? The conclusion of the recent rate hiking cycle ignited a surge in what market analysts are calling an “everything all at once rally”. However, as the focus shifts towards potential rate cuts, investors face a more nuanced...
Waiting for a cut Defensive assets returns were flat in January, reflecting muted cash and Australian bond returns, and a small decline in global bond returns. Gold prices also eased a little. The major theme of the month was solid US economic growth and reduced expectations...
Economists Divided on Rate Cuts Following Cool Inflation Data The recent Consumer Price Index (CPI) data in Australia, as released by the Australian Bureau of Statistics (ABS), indicates a potential shift in the trajectory of inflation and its impact on monetary policy. In the 12 months...
What to expect from the property market in 2024 For housing, the big question on everyone's mind is whether the property price gains seen in 2023 will continue in 2024. While there are many uncertainties, we do see national home prices ending the year higher, though the...
What to expect from markets and the economy in 2024 Having enjoyed a better than feared consumer-led recovery from COVID lockdowns, Australia’s economy in recent years has quickly been beset by a new problem: very high inflation, caused principally by stronger-than-expected demand running ahead of a...
Yielding to yields [vc_video link='https://www.youtube.com/watch?v=gbtZMmHy-WA'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Both defensive and growth assets weakened further in October, reflecting another solid increase in global bond yields. The Hamas attack on Israel was a major development in the month, which initially led to a spike in...
Falling inflation feels pretty good so far Inflation across the major global economies has come down a long way over the last year. In the US, it reached a peak of 9.1 per cent in June 2022 before falling back to 3.7 per cent in August...
Higher for longer [vc_video link='https://www.youtube.com/watch?v=5-iEBhgqUUQ'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Market Overview Both defensive and growth assets weakened in September, reflecting a strong further increase in global bond yields. In turn, this reflected resilient global economic growth and expectations that policy rates would remain ‘higher for longer’. Growth...