The US debt ceiling is a recurring distraction. I expect this time to be the same as the last few, based largely on theatre and brinksmanship. However, it is worth touching on the nuances:
In financial jargon, data types range between soft and hard. Soft data consists of surveys and forecasts. Less reliable but usually much more timely. Hard data consists of confirmed results. Hard is much more reliable but arrives after the fact. Successful investment requires interpretation of the ...
Today I want to talk about what the other side of the downturn will look like. Not because I think the downturn is over. In fact, the signs are increasingly pointing towards a continued acceleration of the credit crunch. But, the time to plan your portfolio is not as earnings are being hit and ...
A transition to retirement pension (sometimes referred to as TTR) allows you to transfer part of your superannuation funds into a transition to retirement account and draw a tax-free income if you have met your preservation age or are over 60 and under 65.
Recently in Washington, Joe Biden exercised his presidential veto powers for the first time on a bill that would have banned federal pension fund managers from considering ESG issues for investment and shareholder rights decisions. The Republicans want to stop what they’re calling ‘woke¹ liberal’ ...
This is a repost of an article that we wrote for Morningstar Firstlinks.
It feels like stock markets are standing at the top of a very slippery slope. No guarantees that stock markets will fall, but the risks are certainly elevated. The unfolding banking crisis has several curious factors.
Direct Indexing has been available in the U.S. for decades, and its popularity continues to increase as a result of the low costs, portfolio personalisation, tax optimisation and direct exposure the investment structure offers clients.
US inflation came in around expectations. More than a few data points in this report are reversing the recent trend of falling inflation. Based on surveys and upstream data points, I believe inflation is heading for deflation. But, this report did little to support the argument. See tables:
Stock markets are oscillating between hope and resignation. The hopeful side has two different, quite distinct strains. The bearish arguments are more about the degree of pessimism. But first, some background.
US inflation came in higher than expectations. Now, month-to-month inflation numbers can be volatile. But there are more than a few data points in this report that are reversing the recent trend of falling inflation. If your view is that inflation is heading for deflation, then this report was not ...
Since the start of COVID, there has been increased activity in markets from retail investors. This activity has remained elevated, and it signifies the rise of a more active type of 'investor' in markets.
US inflation came in around expectations. It is probably getting better, but there is still the opportunity to see what you want in the numbers. If your view is that inflation is heading for deflation, then look to goods falling at an annualised rate of 4.8% over the last quarter, and continued ...
US inflation came in lower than expected yesterday. It is probably getting better, but I'll also note that you can see what you want in the numbers. If your view is that inflation is heading for deflation, then look to goods falling at an annualised rate of 3.5% over the last quarter. If your view ...
Over the weekend, China issued a sweeping directive to rescue its property sector. This was on top of further signs it is relaxing the COVID-zero policy. At face value, it is a major recalibration of its pandemic response.
