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Macro

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

Macro

The Long View: Investing through adversity

My colleague Tim Armour has shown how markets periodically experience corrections that are part of the investment environment. Recent volatility has been jarring but...
Paul Hennessy
Capital Group
Macro

China’s rise from student to teacher

From my initial visits to China in the early part of last decade, one element which stood out was the sheer scale of the industrial economy and the implications which...
Alex Duffy
Alex Duffy
Fidelity International
Macro

Why we still favour global equities

As 26th President of the USA, Teddy Roosevelt said, “In any moment of decision, the best thing you can do is the right thing…the worst thing you can do is nothing.”...
Scott Haslem
LGT Crestone
Macro

My Nishino moment

Why now? This is what Japanese football fans asked themselves on the eve of the current edition of the FIFA World Cup. The Japanese Football Federation had just sacked...
Alvise Peggion
Alvise Peggion
Forager Funds
Macro

Can the EM Rally Roll On? New World Strategy Manager’s Outlook Is Upbeat

Political stability and positive economic reforms in China and India are resulting in more and better investment opportunities. Financial technology is providing a...
Paul Hennessy
Capital Group
Macro

The biggest issue in global macro today

In response to the calamity caused by the GFC, interest rates were cut to near zero and we doubled the amount of debt outstanding. Fast forward and interest rates are...
Livewire Exclusive
Livewire Markets
Macro
Sponsored

The free ride is over

2017 was a tremendous year with the global economy breaking out of the rut that it had been in for some time. Global GDP growth was just under 4%, the fastest rate of...
Staude Capital
Staude Capital
Global Value Fund
Macro

The end of a 25-year bull market

An increasing number of data series have been turning negative for Australia’s housing market. Auction clearance rates, building approvals, housing credit growth, and...
Livewire Exclusive
Livewire Markets
Macro

Globalization Demands a Different Investment Approach

The notion of global investing is not what it used to be just 10 years ago. Rapid advancements in technology, free trade agreements and the rise of multinationals in...
Paul Hennessy
Capital Group
Macro

What are our strongest investment positions?

In our first monthly letter for the year, we highlighted that 2018 was unlikely to be a ‘set and forget’ year for investment strategy. As we approach the second half...
Scott Haslem
LGT Crestone
Macro

2018’s Most Crowded Trade

It started out as a whisper in early 2017, but by early 2018, it had reached a roar: “inflation is coming,” they yelled. After a decade mired in sub-par growth and...
Livewire Exclusive
Livewire Markets
Expert Insights

You don’t need a catalyst for a crash

In any discussion of the Australian housing market, it’s impossible to avoid discussion of a catalyst. “We see no immediate catalysts for a crash,” has become the cry...
Livewire Exclusive
Livewire Markets
Macro

Good times not over yet

Over the past 18 months, the term ‘Goldilocks’ has increasingly been used to describe the global economic climate – neither too ‘hot’ to cause rampant inflation, nor...
abrdn .
abrdn
Macro

Trade wars, huh – what are they good for?

"When a country is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win,". This Tweet from...
abrdn .
abrdn
Macro

Beyond the Royal Commission headlines

Financial services have been making headlines for all the wrong reasons in recent weeks. Following Rowena “Shock and” Orr’s public shellacking of the wealth management...
+5
Livewire Exclusive
Livewire Markets
Expert Insights

Top 3 observations on Australia's biggest growth opportunity

On a recent visit to China John Lake stepped into an elevator in Shanghai looked down and noticed he was sharing a ride with a delivery robot. It was like a scene out...
Livewire Exclusive
Livewire Markets
Macro

Be careful what you wish for

When, a couple of years ago, Saudi Arabia was twisting the arms of Russia and 22 other oil producing countries to stem the flow of crude, the oil price was already off...
Tom Stevenson
Fidelity International
Macro

The economics of aging

The following is an extract from a note that was recently sent to investors in the Montaka Global Fund. There is a significant change in demographics that is currently...
Andrew Macken
Montaka Global Investments
Expert Insights

A big shift in China

For many years China has had a single focus of delivering high GDP growth. John Lake from Paradice Investment Management has recently returned from a visit to China...
Livewire Exclusive
Livewire Markets
Macro

What causes recessions, and can we predict them?

The US economic expansion has just become the second longest on record. If it continues beyond mid-2019, it will be number one. Its longevity is probably due to a...
abrdn .
abrdn
Macro

Navigating a peak in the global growth cycle

Over the past month our leading indicators of the industrial cycle have shown signs of peaking. The real question is whether this suggests the industrial cycle is...
Tim Toohey
Yarra Capital Management
Macro

Shifting global trade patterns bring new opportunities.

In his latest investment insight, Rob Lovelace, Vice Chairman of Capital Group, explores the profound changes occurring in global trade and key themes investors should...
Paul Hennessy
Capital Group
Expert Insights

Who wins if the AUD falls?

Traditionally, yields on Australian government bonds have been higher than their US counterparts. In fact, the last time US bonds traded at a premium was nearly 20...
BXB
COH
Livewire Exclusive
Livewire Markets
Macro

Looking to alternatives in a rising rate environment

Recent weeks have seen global growth continue to push ahead in a robust and synchronised fashion. Similarly, and much as hoped, wage and inflation data have stepped...
Scott Haslem
LGT Crestone
Macro

Introduction to the adaptive markets hypothesis

The following is an extract from a note that was recently sent to investors in the Montaka Global Fund. The second best book that I read in 2017 was Professor Andrew...
Andrew Macken
Montaka Global Investments
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