How exuberant is the credit market right now?

Livewire Exclusive

Andrew Lockhart from Metrics Credit Partners provides an insight into the domestic credit market. It’s part of the financial system usually reserved for the ‘big banks’ who provide credit to large corporates looking to invest and expand their businesses. While credit is available it seems appetite for growth remains patchy. Show More

Investor Signposts: Week Beginning July 23 2017

CommSec
CommSec Online Stockbroker

CommSec Chief Economist Craig James takes a look at the economic events scheduled for the week ahead, including the CommSec State of the States report, Australian inflation, US GDP growth and the US Federal Reserve rates meeting. https://youtu.be/Zz08OtD3qO4 Show More

Is it time to sell the bond proxies?

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

One of the strongest and most predictable relationships in global equity markets over the last few years is that of bond yields and so-called ‘bond proxies’. As the name suggests, a bond proxy is a stock that is held in place of fixed interest securities, primarily for yield. They are... Show More

Macmahon's Indonesian Adventure

Steve Johnson
Steve Johnson Forager Funds

Mining services company Macmahon has been in the wars for most of the past decade. As the largest holding in Forager's Australian Shares Fund, we are anticipating the next decade being better. In this video we discuss our recent trip to Indonesia, new contract wins and the importance of Macmahon's... Show More

Re-charged Jervois starts its engine with one eye on the battery space

Barry FitzGerald
Barry FitzGerald Independent Journalist

After 20 years of little to report, resources group Jervois is re-invigorated with a new board led by well-regarded banker Steve van der Sluys. With interests in nickel, cobalt, scandium and gold, the stock is moving. And Breaker’s gold discovery is starting to catch the eye of cashed-up producers. Show More

6 months of transformational change for Bega

Vince Pezzullo
Vince Pezzullo Perpetual Equity Investment Company (ASX:PIC)

A recent addition to the portfolio, Australian dairy and foods business, Bega Cheese, was the largest single contributor to performance of the portfolio for the month of June. Over the past 6 months, Bega has seen transformational change in its business through the completion of three major transactions: Show More

Aussie dollar catches us all out again

Livewire Exclusive

Howard Marks, Co-Founder of Oaktree Capital, criticised forecasters in a memo earlier this year, writing: “There are no facts about the future, just opinions”. And few asset classes are harder to forecast than currencies. Show More

Avatar fallback

Alan CTHGPRO

“There are no facts about the future, just opinions”. Very true. I have lost count how many times investors have asked me if they should sell or buy overseas exposure to take advantage [...]

BKI Investments offers exposure to a well-managed portfolio of Australian equities

Peter Rae
Peter Rae Independent Investment Research

Independent Investment Research has initiated coverage of BKI Investments, one of the older style LICs that invests in a portfolio of Australian equities. It has an all market cap mandate although is heavily weighted to the ASX 50. Up until 2016, BKI was internally managed but is now managed by... Show More

The stockmarket season is changing

Callum Thomas
Callum Thomas Topdown Charts

Following on from the popular post on the seasonal turning point for the VIX last week, here's an insight into seasonality for the S&P500. The chart shows 2017 superimposed on the historical average price movement across the year, and it looks like a fairly decent fit, with the implication being... Show More

Risk on......for today at least

Alex Moffatt
Alex Moffatt Joseph Palmer & Sons

Good morning, foreign bourses were all stronger with Shanghai leading by putting in a rise of 1.4%, Japan was more modest with a rise of just 0.1%. Bond yields are slightly higher with the US yield curve flattening slightly from the long end, the 2/10 spread is now 91 points... Show More

Australian Potash - High Margin Potash

Mark Gordon
Mark Gordon Independent Investment Research

Western Australia is one of the handful of jurisdictions globally that hosts salt lakes with brine chemistry suitable to produce the high value sulphate of potash fertiliser (commonly referred to as SoP) – current producers are in China, Tibet, the US and India. SoP has several advantages over the more... Show More

APRA's new capital rules: initial thoughts and implications for the banks

Andrew Martin
Andrew Martin Alphinity Investment Management

APRA have finally come out with their capital rules to fulfil the ‘unquestionably strong’ requirement of the Financial Services Inquiry. The focus is on is the Common Equity Tier 1 ratio requirement (CET1), which is the amount of equity the banks need to hold relative to risk weighted assets (loans).... Show More