The market took its bullish que from the US overnight with stocks having a belated response to the Feds dovish commentary on Thursday – the Dow put on +216 points feeding into a bullish open in Australia and the market went on with – up until lunchtime at least. On... Show More
In the last 117 years, Australia has seen two World Wars, the Great Depression, the introduction of the motor car, 30 Prime Ministers, and every year, Washington H Soul Pattinson (SOL) has paid a dividend. In this week's episode of The Rules of Investing, I sit down with Robert Millner,... Show More
Short-term reactionary behaviour is to be expected within every earnings season, and February 2019 was no exception. But opportunities that went misinterpreted or unappreciated by the herd await patient investors willing to block out the noise and really take a look at a company’s fundamentals and growth prospects. Here, we... Show More
Today I argue that the smartest thing RBA governor Phil Lowe could do is get the banks to cut rates for him---preserving his monetary policy ammunition for a real crisis---and show that substantial reductions in bank funding costs might enable our largest lenders to do precisely that. I also reveal... Show More
Making sensible investment decisions is difficult. We are subject to a range of behavioural biases. We have to cope with incessant noise around financial markets. We behave in ways that are inconsistent with our long-term investment objectives. So what can we do about it? Show More
An innovative car company at the vanguard of autonomous driving, with a vision defined as ‘zero crashes, zero emissions and zero congestion’ must be a Silicon Valley darling with “funding secured (1)”. However, to the surprise of many, it is the 110 year old, General Motors. Quietly in the background,... Show More
Woolworths’ interim result last month disappointed and the shares fell briefly before rebounding to where they were before the result: around $30. Does this mean there is nothing to worry about after all and the stock is a buy? Show More
Despite its recent run, the nickel price remains some way from the “excitement levels” of yesteryear. But as this week’s BHP-Mincor deal shows, there is a buzz about what could be around the corner, with inventories falling and demand forecast to soar thanks to nickel’s key role in lithium batteries.... Show More
In our Fixed Income Fundamentals article, we examined the basics. To recap, a fixed income investment is a simple interest only loan, made to a government, semi-government authority or company; as such, fixed income investments are often referred to as ‘debt’ investments. In this article, we’ll focus on the types... Show More
With the emergence in recent years of passive Exchange traded funds (ETFs) a ferocious contest has developed between those pushing the virtues of passive investing, and those defending the craft of active investing. Show More
I feel like we’ve written about choppy sessions all weak however today was another one where the market traded in a reasonable range but had various periods of decent selling only to see some aggressive buying come into weakness – Futures led again by the look – big volume through... Show More
Backing a small cap that goes for a massive run can completely transform your performance. The challenge, of course, is finding them, but sometimes sheer momentum makes them stick out. So for this week’s episode of Buy Hold Sell, we review five small-cap stocks that have been flying high. Show More
Back in November 2018, we wrote exclusively for LiveWire that we remained a ‘Viva Believer’ as the stock plumbed to the depths of $1.70 and below. We reasoned that there was still insufficient evidence to indicate whether the significant decline in the refining margin was cyclical or structural. ... Show More
Growth stocks like Afterpay, Appen and Nearmap that are making waves offshore have been dominating the leader board. Meanwhile, domestic cyclicals have been struggling as deteriorating economic conditions weigh them down. How are investors supposed to invest in this dichotomy, in which growth stocks with overseas success look ever more... Show More
Rezdy is fast emerging as a dominant player in the Tours and Activities booking software market and has a clear strategy to create a world-leading global marketplace. Show More
This morning the US Federal Reserve removed all further expected rate hikes for 2019 (via its projected 'dot plot' series) in acknowledgement that ''economic growth has slowed''. They also plan to taper the balance sheet roll off, with a full halt by September this year. Both of these developments should... Show More
Protecting investor capital requires having a granular, bottom-up understanding of both company structure and the risks carried by its borrowers. Once this is achieved, Metrics Credit Partners can then negotiate terms in order to reduce its risk of loss. Show More
The ASX oscillated in a 30 point range today and was again choppy under the hood – however a more bearish day overall with Materials (for a change) leading the fall. US Futures traded in the red for most of the session while Asian Markets tracked a similar path –... Show More
Global economic growth is slowing due to a slowdown in China driven by President Trump’s trade war. This is the conventional wisdom accepted by most and questioned by few. Show More
On Tuesday the ABS released December quarter property price data revealing that established house prices across the nation's capitals fell by 5.5% throughout 2018, faster than any twelve month period - including during the GFC. Show More
