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Despite a soft US lead, the local index opened higher and didn’t really look back today, particularly in the last few hours of trade where the bulk of the rally happened. There was no real news to drive the market higher, at least nothing that hit the boards in the... Show More

Each year we run the Livewire Outlook Series where we invite Livewire readers and a selection of fund managers to pull out their crystal balls and have crack at predicting what lies ahead for financial markets. Like many forecasts and predictions, the hit rate is patchy at best. Unlike most... Show More

In recent months, interest rates have been rising globally, exerting a downward gravitational pull on the value and price of most assets. It’s a trend that’s likely to play out for some time. Show More

Tin might be one of the world’s most strategic metals, but it’s not reflected in the price of the commodity. But with supply issues looming, this could well change in 2019. Show More

Recent times have seen a number of porphyry copper-gold gold discoveries by junior to mid-tier explorers, with the most advanced being Xanadu (ASX: XAM, TSX: XAM) with their Kharmagtai and associated discoveries in Mongolia, and Solgold (LSE: SOLG, TSX: SOLG) with the Cascabel Project in Ecuador. In addition, Sunstone Metals... Show More

• PDF ATTACHED

  GMN_AU_181211_Update.pdf (1.75 MB)

• PDF ATTACHED

  GMN_AU_181211_Update.pdf (1.75 MB)

Despite being relatively unheard of the IVE Group’s (ASX: IGL) activities touch virtually every household in Australia, every week of the year. This printing company has transformed itself into an integrated marketing, print and communications service provider to a large and diverse range of blue chip Australian and global companies... Show More

The market continued to feel ‘heavy’ today even though US stocks rallied hard from their intra-sessions lows overnight. The morning session was okay in Oz however once again it seemed like bigger players were simply sitting on the offer hitting large cap stocks that tried to rally. The bulls will... Show More

The listed Australian small companies’ market is known for its significant capital growth, wealth creation and most importantly the fostering of innovative emerging businesses. It is the birthplace of many of Australia’s largest companies including names such as Realestate.com, Flight Centre and TPG Telecom. Show More

This time last year, I was nominated to put forward my best stock idea at the Future Generation Investment Forum. The stock I chose was HRL Holdings. At the time Livewire reached out to reflect on the thesis, HRL had gained 50%. Off the back of their recent AGM however,... Show More

For our Livewire Christmas Cracker, we discuss why we have shorted a number of Aged Care stocks. Firstly, because of the upcoming Royal Commission. and secondly, the risk to incoming bed pricing and the associated RAD flows due to the slowdown in the housing market. Show More

In October 2017 we wrote that our biggest concern for the market was the unwinding of Quantitative Easing (QE). At the time, we used Marc Faber's analogy which is repeated below: Show More

I run a fund. The recent 13.2% fall in the ASX 200 has caused us all to do some hard thinking. You have to decide, is this the start of a long bear market, or is it an opportunity? Whilst clearly talking my own book as a fund manager, I... Show More

At the recent Future Generation Investment Forum, I nominated two of my best stock ideas. One, a domestic play with EPS growing at 20% over the next three years and the other, an international stock we think is set to double over the next five years. Show More

Despite some claims that ‘home market biases’ are ‘irrational’, several theories have been put forward to explain the observed bias. For fixed income investors, one theory relating to the management of Real Exchange Rate (‘RER’) risk may assist investors to further optimise their investment outcomes. Show More

I know I’m not alone in saying that watching old episodes of Seinfeld is one of my favourite ways to unwind – I’ve even done the Kramer Reality Bus Tour in New York! Yet it came as a bit of a surprise when the episode ‘The Opposite’, where George Costanza... Show More

There’s not only a widening wedge between the US Federal Reserve (Fed) and all the other central banks, but between the Fed and Trump as well. We take a look at the policy rate differential between the US and just about everyone else, and why you could expect something to... Show More

After twenty months of political brinkmanship and the painstaking negotiations of a small army of technocrats, the UK parliament votes on Tuesday on a Brexit deal that Theresa May’s government has negotiated with the EU. The vote is almost certainly going to fail. Show More

The market opened reasonably well this morning considering the soft leads overseas plus net negative news flow out over the weekend – a drop of 40pts early felt optimistic and that proved correct as stocks were sold down hard throughout the day, led lower by weakness across Asia along with... Show More

The market has fallen through November lows to touch levels not seen since 2016. Tune in to this thematic discussion in which Matthew Kidman asks Tobias Yao and Arden Jennings if this really is a dip, or whether it’s time to run for the hills? Show More

Like many companies exposed to China, the share prices Macau casinos like Sands China, MGM China and Wynn Resorts have been volatile. Kevin Bertoli, Portfolio Manager, Asian Strategies, recently travelled to Hong Kong and Macau and reports that the industry structure is improving and valuations look attractive for long term... Show More