The FinSec View

The FinSec View #15

US Equities Defy Gravity The S&P500 and the Nasdaq both hit all time highs this week. A capitulation can occur at extremes in markets, where the rally becomes so strong that even the doubters get FOMO and want in on the action. Right now, we can see these pockets of euphoric sentiment emerging and caution that if such optimism continues, equity markets will become overbought. The danger here is that when risk-on assets reach this level, they can exhibit [...]

2020-09-23T09:07:10+09:30August 21st, 2020|The FinSec View|

A FinSec View #14

Issue: Friday 07 August 2020 What a Year This Week Has Been! Our thoughts are with our Victorian clients, friends and families as the realities of COVID-19 escalate and they learn to deal with stage four restrictions. Yesterday, The Australian published alleged Victorian pandemic modelling which suggested new COVID-19 cases would be in the thousands for a protracted period next week, a frightening thought that made headlines around the country! Subsequently The state's deputy chief health officer, Professor Allen [...]

2020-09-07T08:20:35+09:30August 7th, 2020|The FinSec View|

A FinSec View #13

Issue: Friday 24 July 2020 Gone are the days when economic policy was adjusted once each year by the government in the budget and fine-tuned once each month at meetings of the Reserve Bank board. The COVID-19 means we haven't had a budget in more than a year. What the Reserve Bank has been forced to do to interest rates, mean its monthly board meetings have little to no impact for the foreseeable future (Governor Philip Lowe reaffirmed this [...]

2020-08-26T08:40:45+09:30July 24th, 2020|The FinSec View|

A FinSec View #12

Issue: Friday 10 July 2020 In recent weeks the stock market and its many participants have once again hung on to recent gains in the face of complete uncertainty. The S&P/ASX200 is only around 10% below its level at the start of 2020, but economic indicators paint a less positive picture. Adding to the short-term volatility is the rise of a new phenomenon amongst the "corona- generation". 'Small trader calls' (where people pay for the right to buy the [...]

2020-08-10T10:20:49+09:30July 12th, 2020|The FinSec View|

A FinSec View – Update #11

Issue: Friday 26 June 2020 Over the last couple of weeks, the stock market has once again defied pundits and pushed through fears of the ongoing recession, job losses, business closures and a second virus wave. How can this be? The rally has certainly gone on far longer than we expected but our view remains the same - The current rally's longevity is one built on optimism. It has been largely driven by the injections of liquidity and stimulus [...]

2020-07-29T09:25:48+09:30June 26th, 2020|The FinSec View|

A FinSec View #10

Issue: Friday 12 June 2020 Drought, bushfires and coronavirus ... the Treasurer has admitted Australia is now in a recession after the fall in the March quarter GDP. The June quarter is certain to be worse. And such are the times we live in, despite mass unrest on the streets of dozens of US cities where 40 million people are unemployed and ongoing tensions with China, markets surged over the last couple of weeks (albeit, like we saw in [...]

2020-07-12T23:08:29+09:30June 12th, 2020|The FinSec View|

A Finsec View #9

Issue: Friday 29 May 2020 This week the Prime Minister told Australia he wants to "fire the starters' gun on the economy" in a speech outlining his vision for recovery. While boasting of the fact Australia is "weathering the storm better than many and better than most", he lamented the fact "millions of Australians" are now relying on a recovery. A recovery that is for now, fuelled by government support. The worst does seem to be over. Road traffic [...]

2020-06-28T23:33:39+09:30May 29th, 2020|The FinSec View|

Coronavirus Update #6

We hope this note finds you and your family safe and well despite these being the strangest of times. As a community, we are all doing our best to adapt to the difficulties that face us at present. It is confronting. It is challenging. It is unsettling to say the least. But we are learning to appreciate the simple things, discovering new skills and for many working out what is truly important. Here at FinSec, we have settled into [...]

2020-07-08T06:37:46+09:30April 17th, 2020|Market Update, The FinSec View|

SA Leaders Q&A – COVID-19

24th March - SA Leaders Q&A session with Andrew Creaser "People are worried about their investments, and emotions are running high but what we do have is control over how we respond. The best financial advice in the wake of COVID-19? Don’t panic. How do you make informed decisions? What are the opportunities?"

2020-07-08T06:41:09+09:30March 24th, 2020|Finance, Market Update, The FinSec View|

Coronavirus Update

By now you have all probably seen the news on the spike in reported cases outside of China. The coronavirus disease is apparently communicable even by those who are not showing signs of having it, which is making it harder to control. The number of new infections in Wuhan/Hubei and the rest of China are falling sharply (latest new infection rate was 630 in Hubei and 20 in the rest of China). However, markets are reacting to the jump [...]

2020-07-08T06:38:46+09:30February 28th, 2020|Market Update, The FinSec View|
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