A Finsec View – Q4 Themes, Super Cap Whispers, Yr12 Economics, Cyber Security Month and More.
21st October 2022 If you could talk to a younger version of yourself, what advice would you give? Wear more sunscreen, drink more water, make better money choices? As it turns out, professional investors are also not immune to the odd moment of "if only I had ...". This week, the AFR spoke to nine professionals about the lessons they'd teach their past selves, given the chance. The insights include recognising that volatility doesn't last forever and that the future is unknowable, no matter how much [...]
A Finsec View – Inflation and rates – how much more?, Subjective value, The bigger picture and More.
7th October 2022 How financially smart do you think you think Australians are? Be honest. In a finance quiz by think tank The Conexus Institute in June, less than half of the 1040 respondents got all six questions correct. How best to arm Australians with more financial knowledge is a pertinent question, especially as Treasury considers how to expand access to and improve the quality of financial advice. Even more so when you consider rising interest rates and the effect on millions of homeowners and [...]
Weekly Market Update – 7th October 2022
Investment markets & key developments Share markets had a strong bounce in the middle of the past week from very oversold levels, helped along by the UK tax backflip, softer US manufacturing and job opening data which may take pressure off the US Federal Reserve (Fed), and for Australian shares, the dovish hike from the Reserve Bank of Australia (RBA). However, the bounce was short lived, with solid US jobs data being seen as keeping the Fed hawkish for now, so US and European shares [...]
Weekly Market Update – 30th September 2022
Investment markets & key developments Share markets fell sharply again over the last week in response to continuing hawkish central bank comments and rising recession fears not helped by a mini fiscal crisis in the UK. This capped of sharp falls for the month with US and global shares down around 8%, which saw September live up to its reputation as the weakest month of the year for shares. Reflecting the poor global lead Australian shares also fell around 1.5% for the week with falls [...]
Weekly Market Update – 23rd September 2022
Investment markets and key developments over the past week Share markets fell sharply again over the last week in response to another round of hawkish rate hikes pushing up bond yields and adding to recession fears and with a threatened intensification of the war in Ukraine adding to worries. Reflecting the poor global lead Australian shares fell around another 2.7% with falls led by interest sensitive IT, property, utility and retail shares. Bond yields rose as ever higher short-term interest rates for longer were factored in. [...]
A Finsec View – DINs, Managing Uncertainty, Greetings from Bath and More
23rd September 2022 It might not feel like it when you're at the supermarket checkout, but according to investment bank Credit Suisse, Australians are now amongst the world's wealthiest people. Almost 2.2 million Australians are millionaires after soaring asset prices pushed another 390,000 adults onto the top rungs of the global wealth ladder. Making Australia one of the richest countries in the world - and Australians its wealthiest inhabitants, with a median net worth of $US273,900 ($409,907) at the end of last year. For critics [...]
Weekly Market Update – 16th September 2022
Investment markets and key developments over the past week Share markets fell sharply over the last week, reversing their rally from the previous week’s lows as US inflation surprised on the upside adding again to Fed rate hike expectations. The poor global lead saw Australian shares fall back to their lows of the previous week with falls led by property, health, consumer staple and industrial shares. Bond yields rose as higher short term interest rates for longer were factored in. Oil, metal and iron ore prices [...]
Weekly Market Update – 9th September
Investment markets and key developments over the past week Sharemarkets were mostly up over past week, with the US lifting by 2.1%, Australia +0.7%, Japan +2.1% and China +2.3%. The exception was in the Eurozone where equities fell by 0.9%. After global sharemarkets rallied hard from mid-June to August on expectations of a “central bank pivot” from aggressive rate hikes, shares had been on a downtrend since then as central banks have remained hawkish and economic data has been solid (which means that further rate hikes [...]