Home Wires

Macro

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

Macro

US inflation edges lower

US inflation came in around expectations. It is probably getting better, but there is still the opportunity to see what you want in the numbers. If your view is that...
Damien Klassen
Nucleus Wealth
Outlook Series

Is the worst behind us for markets? Here's what Livewire readers think

We delve into your expectations for inflation, market headwinds, house prices, and more in these reader survey insights.
Glenn Freeman
Livewire Markets
Outlook Series

The top macro indicators to watch in 2023

Nine of Australia's finest fund managers share the big-picture themes and data points they are watching as the new calendar year begins.
Buy Hold Sell
Livewire Markets
Macro

Chart of the Week - Death By 386 Rate Hikes

Monetary Policy in 2022: Monetary policy tightening was the big macro theme of 2022, and it is sure to echo at least for a time into 2023. The 2022 full-year count on...
Callum Thomas
Topdown Charts
Macro

Historic drop in house prices ahead

The early data suggests the housing market correction continues with gusto in 2023...
Christopher Joye
Coolabah Capital
Macro

December Podcasts: Ethical investing, recessions and property

Below is a summary of the topics we covered on Nucleus Investment Insights this month. See the links for more information. The World of Ethical Investing As ethical...
Damien Klassen
Nucleus Wealth
Macro

Worst house price declines in 42 years, with more to come...

Aussie house prices fell in 2022 by their largest margin since records began in 1980...
Christopher Joye
Coolabah Capital
Macro

The great regime change: growth and cheap money are dead

This inflation crisis has changed the world and asset prices forever, and will lead to a fundamental shift in the way things work.
Christopher Joye
Coolabah Capital
Macro

Industrial REITs – Shifting gears from tightening yields to growing rents

Delivering a total return of -23% to the end of October in local currency terms, this hasn’t been a great year for Global REITs. Whilst disappointing, it is also...
Mark Mazzarella
Dexus
Macro

Looking for a global recession in the new year? Watch out for this wildcard

The drumbeat of global recession for 2023 has been beating loudly of late. Some fund managers and analysts at major banks now have recession as their baseline...
Janu Chan
Bitesized Economics
Macro

“The RBA talks a big game but has the walk of the lame,” says GSFM

A keen eye on the inflationary threat, rather than its own communication errors, is what the RBA (and the economy) needs right now, says Stephen Miller
Glenn Freeman
Livewire Markets
Macro

A different way to boost portfolio alpha and reduce volatility

When conducting strategy research and development, we like to think in terms of what the new strategy will add to our current portfolio of systems. In general, we are...
Hue Frame
Frame Funds Management
Macro

What the Federal Reserve's communication problem means for your portfolio

The US Fed spooked markets with hawkish rhetoric. In this wire, I show why the Fed will have to pause soon, and why that bodes well for diversified portfolios in 2023.
Isaac Poole
Ascalon Capital
Macro

Lessons from past US recessions

In the context of the bond market signalling a US recession in late 2023/early 2024 - where CCI has been forecasting a recession since earlier this year - we have...
Kieran Davies
Coolabah Capital
Macro

Howard Marks: What lies ahead for inflation, interest rates – and why it's a sea change

The Oaktree Capital co-founder's latest memo reflects on the events and investor beliefs that led us to this point and provides some thoughts on the future.
Glenn Freeman
Livewire Markets
Macro

The most important thing you need to understand right now

This is an edited extract of a report that went to clients earlier this week. All I hear about is how tough a year 2022 has been. I guess that all depends on how you...
Greg Canavan
Fat Tail Investment Research
Macro

House price falls are not slowing

The latest data from CoreLogic underscores the point that Australia's record housing crash is not slowing right now. The first chart below shows the 3 month annualised...
Christopher Joye
Coolabah Capital
Macro

US inflation in the eye of the beholder

US inflation came in lower than expected yesterday. It is probably getting better, but I'll also note that you can see what you want in the numbers. If your view is...
Damien Klassen
Nucleus Wealth
Macro

How the US is onshoring production to avoid China weaponising key imports

Big moves are underway to onshore production of the essential building blocks of the US economy. This follows concern that dependence on key imports from China could...
Tim Richardson
Tim Richardson
Pengana Capital Group.
Macro

How to dodge downside risk

“Rule number 1: never lose money. Rule number 2: never forget rule number 1” – Warren Buffett In times of heightened market and economic uncertainty, investors must...
Deni Hoxha
Wilson Asset Management
Macro

Outlook for 2023: Worse macro, better markets

Change and volatility have dominated the macro environment in 2022. But despite the prospect of a material slowing in global growth and elevated inflation and...
Scott Haslem
LGT Crestone
Macro

2022 Year in Review

2022 has been an incredible year of changes within the macro landscape. We’ve seen one of the first major, sustained bear markets in many investment professionals’...
Max Pacella
Rest Super
Macro

Why a global recession is likely in 2023

Investors need to face up to the reality that a global recession is likely next year, which will crush corporate earnings and substantially increase default rates...
Christopher Joye
Coolabah Capital
Macro

Cashflow pothole in the energy transition journey

The shock from the increase in utility bills will still be felt in real time, and for many this will merely compound an already dire cashflow situation.
Tim Toohey
Yarra Capital Management
Macro

Signal or Noise: Will the RBA pause rate hikes in early 2023?

Plus, at least one of our panellists believes this sector will be the "energy trade" for next year. Which one? Tune in to find out.
Hans Lee
Livewire Markets
1026-1050 of 2795