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Macro

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

Macro

Off the Charts! Panic in the US, $90 billion for Internet Computer, and how a US$16 billion poem went from bad to verse

No, it's not just you. The world felt peculiarly unstable this week. Was it the cyberattack in the US that struck the heart of a major infrastructure pipeline and...
XRO
Livewire Exclusive
Livewire Markets
Macro

Inflation fears to deliver volatility and opportunity

For those that found bond market pricing perplexing in the pre-Covid world, April’s strong performance in the face of very strong macro data is hard to explain....
Charlie Jamieson
Jamieson Coote Bonds
Macro

8 stats that should matter to investors

Our team were chatting recently about the amount of change in markets and economies over the last 12 months or so, and some of the weight of numbers that keep building...
Chad Padowitz
Talaria Asset Management
Macro

Druckenmiller: The most radical policy combination in history (and what it means for Australia)

Legendary investor Stanley Druckenmiller has launched a broadside at Jerome Powell’s Federal Reserve economic strategy. Kicking off in an OpEd piece in the Wall Street...
AMC
APT
+11
Patrick Poke
A Rich Life
Macro

Have we reached peak economy?

As world economies start to bounce back after their COVID-19 lockdowns, inflation is back on the agenda. US Federal Reserve Chairman, Jerome Powell, thinks the current...
Roger Montgomery
Montgomery Investment Management
Macro

Shane Oliver: Will Budget go far enough on housing and productivity?

You can be forgiven for thinking the content of this evening's yet-to-be-announced Federal Budget already feels like yesterday's news. (That's the 24/7...
Glenn Freeman
Livewire Markets
Macro

Why bad news is good news all over again

Thus far April’s US economic data has had a consistent theme despite the nation’s rapid progress on the vaccination front and the bounty of monetary stimulus that has...
Charlie Jamieson
Jamieson Coote Bonds
Macro

RBA shoots down inflation hawks

In the AFR on Friday I wrote that the wonkish deputy governor of the Reserve Bank of Australia, Guy Debelle, delivered some profoundly important home truths in a...
Christopher Joye
Coolabah Capital
Macro

Off the Charts! A mystery 20% price drop, Buffett breaks the NASDAQ and a $3.5 bn offer

Well, well, well. What a week it's been. Serenity fled the markets and panic seemed to be the biggest driver this week. Concerns about earnings reports (or lack...
APX
Livewire Exclusive
Livewire Markets
Macro

Con Michalakis: A looming problem you can't price in

What challenges plague the mind of a CIO? SPACs and cryptos? An equity markets hangover? Or perhaps something more sinister and complex? We sat down with the chief...
Mia Kwok
Mia Kwok
Livewire Markets
Macro

Are we now at the top of the V-shaped recovery?

By now most investors are tiring of their inboxes being filled by sell-side economists and strategists talking about reflation, how much more optimistic they are...
Tim Toohey
Yarra Capital Management
Macro

Short and sharp: A little bit of patience

Much of the market’s interest in the Federal Reserve’s (Fed) review of its monetary policy has focused on its embrace of average inflation targeting. While the...
Seema Shah
Principal Asset Management
Macro

What to watch over the remainder of 2021

Over the last decade or so, it seems geopolitical risk has become increasingly significant for investors – particularly with the 2016 Brexit vote and Donald Trump’s...
Shane Oliver
AMP
Macro

Aussie budget moves into technical surplus, reshaping bond market expectations

In March the Commonwealth budget recorded a technical surplus, albeit it remained in clear deficit on a seasonally-adjusted basis. Along similar lines, the NSW budget...
Kieran Davies
Coolabah Capital
Macro

The next dominant theme of the decade

Those who twigged Web 2.0 would transform the world over the past decade are doubtless feeling pretty smug right now. And why not? The likes of Facebook, Amazon,...
Buy Hold Sell
Livewire Markets
Macro

Prepare for war, as probabilities rise above 50%

In the AFR today I write that long-time readers of this column have been hearing about the drum-beats of war between China and the US for the best part of a decade....
Christopher Joye
Coolabah Capital
Macro

Lower-than-expected consumer price rises paves Reserve Bank roadmap for inflation

Australian prices rose 1.1% year-on-year for the March quarter of 2021, with the official CPI rising 0.6% over the three months to March. The number came in much lower...
Kate Samranvedhya
Kate Samranvedhya
Jamieson Coote Bonds
Macro

China tensions remain despite post-Trump calm

It may seem like a distant memory now, but for much of 2018 and 2019, global markets were periodically shocked by the unorthodox diplomatic moves of then-President...
Andrew Macken
Montaka Global Investments
Macro

Will a “silent tax” solve today’s jaw-dropping debt problem?

To say that government debt levels are high is nothing new. Even before COVID hit, despite years of austerity, debt levels were already extremely elevated. But after...
Miles Staude
Global Value Fund
Macro

Hamish Douglass's one piece of investment advice

There were sober reflections on both his flagship fund’s below-benchmark performance and the extraordinary market events that led it there, but no apologies from the...
Livewire Exclusive
Livewire Markets
Macro

Why income is as important as ever for long-term investors

Whether you think there is a bubble, or the current valuations are justified doesn’t matter. It’s a fact that valuations are higher than they have ever been for many...
Chad Padowitz
Talaria Asset Management
Macro

Where Morgan Stanley sees value today

Nathan Lim developed an early sense of self-reliance, immigrating as a child to Vancouver, Canada. His parents moved there with Lim and his older brother when the...
Glenn Freeman
Livewire Markets
Macro

The biggest risk to our bullish forecast

Morgan Stanley has a decidedly bullish view on the trajectory of the global economy and, by extension, markets for 2021. We view 2021 as the start of a...
Nathan Lim
Lonsec Holdings
Macro

Slowly, but surely: The emergence of new market leaders

The rotation into low multiple - or value - stocks has gathered pace in recent months following an acceleration in the vaccine rollout, combined with additional...
Jacob Mitchell
Antipodes
Macro

Which are the safest cyclicals as the recovery trundles on?

Casting a critical eye over the Value stock universe, our four fund managers reveal which sectors they’re most bullish on as the vaccine-led reopening and recovery...
Glenn Freeman
Livewire Markets
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