Daily Report
James Gerrish

Once again, the expectation of lower interest rates was enough to drive stocks higher today, with comments from the RBA that implies rates were more likely to go down than up from here…"Given the amount of spare capacity in the labour market and the economy more broadly, members agreed that... Show More

Macro
Chad Slater

There was a brief period when “Faded (Where are we now)” topped the charts recently and we thought it would be an apt title for this week’s blog. Late last year, our Head of Macro and Risk did an excellent piece looking at how markets behave once the Federal Reserve goes... Show More

Income Series 2019
John Sorrell

Australian residential mortgage-backed securities (RMBS) provide a source of highly rated assets with consistent income generation. Two questions immediately come to mind when looking at them: how risky are they and how they should be priced? As will be discussed, RMBS are often maligned as being riskier than facts would... Show More

Equities
Scott Williams

The only thing Aussies love more than sport ... is a punt on the sport. Or just punting in general for that matter. Gambling is a very common Australian pastime and many profitable Australian businesses have emerged as a result. Just ask Aristocrat (ASX:ALL) or Ainsworth (ASX:AGI) with their slot... Show More

Fixed Income
Charlie Jamieson

After being told how well the trade negotiations between China and the US had been progressing, financial markets were shocked when Trump ordered additional tariffs against China after a complete breakdown in negotiations. Further to this, Trump also threatened additional tariffs against Mexico for purely political reasons around immigration, further... Show More

Equities
Vince Pezzullo

Select Harvest (ASX:SHV) is an Australian-based grower, processor and marketer of almonds and almond-based value-added products. The business owns and leases over 7,500 hectares of almond orchards across New South Wales, Victoria and South Australia and has two processing facilities located in Victoria. SHV has been held in the Perpetual Equity... Show More

Daily Report
James Gerrish

A fairly lacklustre Monday across the board with the banks/utilities offsetting some weakness amongst the material stocks + the telcos were weak as a sector thanks to the pulled VOC bid from AGL. Seems something smells with VOC that each potential acquirer works out pretty quickly when they enter the... Show More