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Macro

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

Macro

Is the US budget deficit sustainable? – Part 2/2

The US budget deficit is over US$2T for the last year - that's almost 8% of GDP, highest since the GFC.
Sebastian Ferrando
Koda Capital
The Pitch

The market is pricing in north of 100 bps of rate cuts in the next 12 months. Here’s why the market is wrong

If inflation won't go away, which investments will perform and what should you avoid?
BXB
James Marlay
Livewire Markets
Macro

Could the RBA not cut interest rates at all?

A new view being espoused in the economics community is raising eyebrows. But does it have any legs?
Hans Lee
Livewire Markets
Macro

Diversification is dead – long live diversification

Highly concentrated rallies are quite rare, they're historically finite, and we're arguably in one right now.
Sebastian Ferrando
Koda Capital
Macro

The room to cut interest rates across countries

The RBA never raised rates by as much as other countries, so it has relatively less scope to cut them in a soft economic landing.
Kieran Davies
Coolabah Capital
Macro

These economists say there is just a 15% chance of a recession in Australia in 2024

And where will the Australian Dollar end the year? Find out the answer to this and other questions in the next episode of Signal or Noise!
Hans Lee
Livewire Markets
Views from the Top

Morgan Stanley’s Chris Nicol on equity strategy, rates, the Aussie dollar, and capital management

In this wide-ranging interview, Nicol unpacks the key factors impacting markets right now and what they could mean for your portfolio.
Chris Conway
Livewire Markets
Macro

Australian corporate insolvencies set new record

ASIC Australian corporate insolvencies reached their highest level since monthly data were first published in January 1999.
Jason Lindeman
Coolabah Capital
Macro

Forget the market noise: Focus on value and the long-term

Sometimes it seems the economics profession operates in a parallel universe.
Chris Iggo
AXA Investment Managers
Macro

Persistent excess demand vs returning inflation to target

The RBA optimistically expects inflation will return to target without spare capacity emerging in the economy.
Kieran Davies
Coolabah Capital
Macro

ECB cuts policy rates with greater urgency

The European Central Bank (ECB) cut its policy rates today for the third time in this cycle. The interest rate on the main refinancing operations, the marginal lending...
Seema Shah
Principal Asset Management
Macro

'Never bet against America' - Buffett's golden rule faces its greatest test

Warren Buffett... The icon of American capitalism; is now well into his twilight years. Can the same be said for the American economy?
James Cooper
Fat Tail Investment Research
Macro

Signs of Life in China

Key Points: • After years of disappointment, China’s equity market has responded positively to recently announced fiscal and monetary stimulus. • Unlike previous...
Alex Cathcart
Drummond Capital Partners
Macro

Will China's move to "big" stimulus work?

And what does it mean for Australia? Find out in this edition of Oliver's Insights.
Shane Oliver
AMP
Macro

Is the US budget deficit sustainable? – Part 1/2

The US budget deficit is over US$2T for the last year - that's almost 8% of GDP, highest since the GFC.
Sebastian Ferrando
Koda Capital
The Pitch

Have you heard of this 100-year-old ASX-listed company?

Why being alert is critical for investing through periods of rapid change
BXB
+3
James Marlay
Livewire Markets
Macro

Shaken not stirred: Income and quality sensible amidst uncertainty

Following a long period of low yields and price destruction driven by the monetary tightening cycle, bonds have bounced back in 2024.
Chris Iggo
AXA Investment Managers
Macro

Financial stability & its potential bearing on eventual RBA rate cuts

The RBA is alert to the possibility that eventual rate cuts might spur risky borrowing by already-heavily-indebted households.
Kieran Davies
Coolabah Capital
Macro

Harris vs Trump: Implications for investors and Australia

A Harris victory would mean more of the same, but a Trump victory could lead to uncertainty particularly around trade.
Shane Oliver
AMP
Macro

September jobs report: Not as weak as once thought?

The September jobs report showed a 254,000 monthly job gain, blowing all estimates out of the water. Not only does it suggest that the U.S. labor market is on a...
Seema Shah
Principal Asset Management
Macro

China: Is this the “whatever it takes” moment?

China's recent stimulus measures, including monetary easing and a massive fiscal pledge, have sparked a sharp rally in equities, particularly in real estate and...
Seema Shah
Principal Asset Management
Macro

The public sector’s role in propping up growth and jobs

The public sector has accounted for all the growth in GDP over the past year and made the largest contribution to strong jobs growth.
Kieran Davies
Coolabah Capital
Macro

Another nail-biter ahead and duelling economic visions

Former US Secretary of State Madeleine Albright once described the United States as the “indispensable nation.” While the United States is no longer as dominant as it...
Dan Farmer
MLC Asset Management
Macro

Do you have investment regret in the wake of China's dramatic rally?

Would have, could have, should have. The human brain is good at regret. And no-one does it better than a stock market investor. The last week has provided a great...
Tom Stevenson
Fidelity International
Macro

Life after the first cut

The Fed chose a bold first move to ensure a soft landing. The ensuing trajectory remains very dependent on the US elections outcome though.
Chris Iggo
AXA Investment Managers
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