<turbo-stream action="append" target="latest-wire-list"><template>
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          <time datetime="2018-12-21T09:10:06+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 21, 2018 09:10</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              How to handle a down market
            </h2>
            
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</a>      </div>
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    alt="Scott Shuttleworth"
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      <div>
        Vega Capital
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        <time datetime="2018-12-21T09:10:06+11:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">December 21, 2018 09:10</time>
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          <div class="__Wires_TolTagComponent_40217 w-36"></div>
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          <time datetime="2018-12-20T09:00:30+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 20, 2018 09:00</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              Another big year for LICs &amp; LITs
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The number of listed investment companies and trusts continued to grow during 2018 and, based on ASX data, there were 114 LICs &amp; LITs at the end of November 2018 with...
</div>

          </div>
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        <div class="pt-4 pb-4 sm:hidden">
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    <div
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>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Australian Foundation Investment Company Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:AFI</div>
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</a>    <div class="px-4 mt-0.5">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Argo Investments Ltd</div>
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    <div data-controller="tooltip">
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    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">AUI</span>
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</div>

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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Australian United Investment Company Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:AUI</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-252">
            Followed by<span class="font-bold text-gray-700"> 97 </span>people
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    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
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    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="40217" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/another-big-year-for-lics-lits">
      +13
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        </div>
        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
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    <div
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>
  <div class="flex items-center gap-2">
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Australian Foundation Investment Company Ltd</div>
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    <div data-controller="tooltip">
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    <div
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>
  <div class="flex items-center gap-2">
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Argo Investments Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-165">
            Followed by<span class="font-bold text-gray-700"> 1374 </span>people
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    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">AUI</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="252" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-aui">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Australian United Investment Company Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:AUI</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-252">
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>The biggest lesson from 35 years of <span class="whitespace-nowrap">investing<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Working on a trading desk in the City of London on Black Monday 1987, David Polak from Capital Group felt the world really was falling apart. But nearly 31 years...
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          <time datetime="2018-12-20T06:30:08+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 20, 2018 06:30</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              Quickfire Q&amp;A with Ben McGarry
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  As volatility has picked up in recent months, many investors who thought they were protected in a down-market have quickly discovered otherwise. Asset consultants have...
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            Followed by<span class="font-bold text-gray-700"> 10 </span>people
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="814" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-gem">
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</a>    <div class="px-4 mt-0.5">
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      +5
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            Followed by<span class="font-bold text-gray-700"> 1468 </span>people
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  data-load-engagement-count-target="follow"
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Insignia Financial Ltd</div>
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      +3
</a></div>

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        Livewire Markets
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          <time datetime="2018-12-19T16:58:13+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 16:58</time>
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              Traders remain cautious ahead of the Fed
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  Another fairly choppy session in Australia today similar to what we saw on Wall Street overnight, and as one client suggested– seems to be the new normal. The market...
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        Market Partners 
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          <time datetime="2018-12-19T16:01:07+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 16:01</time>
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              Equity markets have been capitulating
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  The last two weeks have been at odds with our expectations – the market has gone into capitulation mode judging by price action and record outflows. The ‘late cycle’...
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        PM Capital
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          <time datetime="2018-12-19T11:44:31+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 11:44</time>
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              Party coming to an end for Nick Scali
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  The housing market has taken a nosedive this year. And furniture retailer Nick Scali (NCK), our short pick for Livewire last December is feeling the heat. The stock...
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              House prices: as bad as they get?
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  The newly appointed deputy chair of the Australian Prudential Regulation Authority (APRA) talking at a FINSIA conference last month said that APRA’s “stability...
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          <time datetime="2018-12-19T10:45:58+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 10:45</time>
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        HD Capital Partners
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          <time datetime="2018-12-19T09:59:42+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 09:59</time>
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              Why 2019 could be uranium’s break out year 
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  The spot price of uranium is up 33% this year, ending a 7-year bear market, although it remains below the cost of production for close to half the world’s production...
</div>

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          <time datetime="2018-12-19T09:43:59+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 09:43</time>
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              Is anything compellingly cheap?
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  There are a number of reasons to switch weightings out of one asset class and into another. One of those reasons, which is often an effective strategy, is an absolute...
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      <div>
        Longview Economics
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          <time datetime="2018-12-19T06:30:10+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 19, 2018 06:30</time>
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      +5
</a></div>

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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">AUSTRALIAN LEADERS FUND LIMITED</div>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="348" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-bla">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">BLUE SKY ALTERNATIVE INVESTMENTS LIMITED</div>
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          <div 
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="HML" data-controller="event" data-event-name-value="link_click" data-event-id-value="40202" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-hml">
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  <div class="flex items-center gap-2">
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</div>

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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="919" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-hml">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">HENRY MORGAN LIMITED</div>
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            Followed by<span class="font-bold text-gray-700"> 3 </span>people
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      +3
</a></div>

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        Independent 
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        <time datetime="2018-12-19T06:30:10+11:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">December 19, 2018 06:30</time>
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</div>


      </div>
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          <time datetime="2018-12-18T17:15:01+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 18, 2018 17:15</time>
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              A late sell off pushes the index below 5600
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The local market faced plenty of negative influences today and despite being down more than 1%, its fair to say it held up reasonably well in the face of plenty of...
</div>

          </div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Fletcher Building Ltd</div>
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        Market Partners 
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          <time datetime="2018-12-18T16:03:03+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 18, 2018 16:03</time>
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              Microcap Fund Manager Review Nov 2018
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  We take our monthly look at the returns of Australian Microcap Funds. While most funds avoided the large drawdowns seen in October the majority still posted small...
</div>

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        Coffee Microcaps
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        Clime Asset Management
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  The annual returns of investment markets are clearly positive over a long period of time, and when markets go through bad periods often the advice is to effectively...
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  Every year I intend to publish our annual book recommendations sufficiently early for those seeking gift ideas. But every year, the list gets cobbled together in a mad...
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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/categories/macro">Macro</a>

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          <time datetime="2018-12-18T09:48:05+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 18, 2018 09:48</time>
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  2018 has proven to be a tumultuous year for the Australian equity market. Key themes driving the market’s decline and heightened volatility have included the increase...
</div>

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