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Macro

Understand the fast-changing domestic and global economic forces under the tectonic plates driving our markets.

Latest: Macro

Macro

The RBA has an identity problem. Excess demand? Who is to blame?

The RBA's case for keeping policy tight and threatening further interest rate tightening rests on one main conclusion: the economy is still running with excess demand....
Tim Toohey
Yarra Capital Management
Macro

Using inflation to reduce US debt - Trump’s ‘soft default’ option

I take a closer look at history to assess whether using inflation to bring about a 'soft default' is a viable policy option for the USA.
Clive Smith
Markets

The worry list for shares remains high as inflation and rate risks persist; midterms loom

A strong Democrat victory in the midterms will likely shift market focus towards worrying about tax hikes, adding to a list of worries.
Shane Oliver
AMP
Macro

The ECB's measure approach to rates policy remains appropriate

A rate hike could come in December but holding fire for now could be the right move for Europe.
Seema Shah
Principal Asset Management
Macro

The Fed is on track to hike in December given strong inflation

Still-high core inflation points to the Fed resuming raising rates in December.
Kieran Davies
Coolabah Capital
Macro

The ECB is on track to resume hiking rates in December

The ECB is waiting for more information before likely resuming raising rates in December.
Kieran Davies
Coolabah Capital
Macro

FOMC holds rates with more work to do on inflation

The US economy is strong but the inflation picture is making life trickier for the Fed.
Seema Shah
Principal Asset Management
Macro

What happens to investors if… the US midterms change the political equation?

How four US midterm election outcomes—from policy gridlock to political turmoil—could impact market stability and your portfolio.
Damien Klassen
Nucleus Wealth
Macro

The RBA on track to hike next week given high inflation

The RBA remains on track to raise rates again next week and a reassessment of its key assumptions could open the door to further hikes.
Kieran Davies
Coolabah Capital
Shares

The three factors shaping Australia's outlook and how to invest

Competing with our peers and neighbours in a changing world, according to the IMF.
AGL
BHP
CSL
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Sara Allen
Livewire Markets
Macro

Where to find positive returns in a share market going nowhere

Rate cuts can be an opportunity for quality investing. History offers a useful guide, backed by today’s earnings and valuations.
Cameron McCormack
VanEck
Macro

Booming US demand for AI driven by falling token prices

Outpacing the earlier take-up of the internet, US business adoption of AI is booming, propelled by rapidly falling token prices.
Kieran Davies
Coolabah Capital
Macro

Is an ageing population really an economic burden?

Cameron Murray busts demographic doom: ageing populations and super models drive economic adaptation and automation, not decline.
Damien Klassen
Nucleus Wealth
Macro

AI could turn the investment herd into ‘turbo sheep’

AI may simply create herds of “turbo sheep” that form faster and run harder than ever in the same direction.
Alison Savas
Orbis
Macro

The AI funding window is closing: slowing revenue, IPO fails, and a bankrupt OpenAI

Reported operating results over the past week have confirmed the shift in sentiment toward AI.
Roger Montgomery
Montgomery Investment Management
Macro

China shock 2.0: The resource winners, critical minerals and Asia's new industrial race

For Australian resources investors, China Shock 2.0 presents a more selective opportunity than the commodity boom of the early 2000s.
Nicholas Boyd-Mathews
Janah Capital - ICM Global Funds
Markets

The 6 phases of the AI investment boom: Where are we now?

Token usage for Chinese AI models is surging. JP Morgan says that doesn't mean the US models are losing but it does change the economics.
Keith Ford
Livewire Markets
Macro

Silver lining in bond market carnage

Bond markets have thrown a spanner in the works of portfolio construction but it's not all bad news.
Roger Montgomery
Montgomery Investment Management
Markets

France's bond market is in trouble. Here's what Australian investors need to know

Decades of deficit spending, a looming election and a perfect storm for bond markets. Why France is the latest fixed income flashpoint.
Keith Ford
Livewire Markets
Macro

Sticky inflation, but an October hike remains unlikely

There's arguably not enough to force the Fed's hand on a rate rise this month, but hikes are likely going forward.
Seema Shah
Principal Asset Management
Markets

Billionaire investor Paul Tudor Jones warns 2027 could be brutal for stocks

The hedge fund veteran sees room for a strong finish to this year, but warns a key source of support for US shares is fading.
Vishal Teckchandani
Livewire Markets
Macro

Are Australians too pessimistic?

It appears a lot of economic commentators woke up on the wrong side of the bed.
Anthony Doyle
Pinnacle Investment Management
Macro

Regis Healthcare: Opportunity hiding in plain sight

Regis Healthcare is debt-free with $170M cash and 100% freehold assets, yet trades at a massive discount. We breaks down the thesis.
Emanuel Datt
Datt Capital
Macro

The runway for equities - are markets settling into a new pace?

The trajectory for equities remains positive, but at best, investors will need more patience.
Roger Montgomery
Montgomery Investment Management
Markets

The bond vigilantes are back - and shares could be next

Rising bond yields, high oil prices and rate hikes are increasing the risk of a deeper share market correction.
Shane Oliver
AMP
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