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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="2019-11-15T07:54:56+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 15, 2019 07:54</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              Latest Complexity Premia podcast: conviction vs humility
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Guys the latest episode of our very popular Complexity Premia podcast is live! You can listen on your favourite podcast app, or you can find it on Apple Podcasts here...
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        Coolabah Capital
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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>Buy Hold Sell: 5 stocks riding the cloud <span class="whitespace-nowrap">megatrend<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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            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Amazon, Microsoft and Oracle may be familiar names for investors playing the cloud computing megatrend. But there’s a special cluster of small-cap ASX companies...
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        Market Partners 
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          <time datetime="2019-11-14T14:00:58+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 14, 2019 14:00</time>
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              The problem with traditional ethical funds
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  Ethical investment inflows have doubled in 2019. But, the Wall Street Journal highlights a problem near to my heart: ethical investing is not the same to everyone....
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        Nucleus Wealth
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          <time datetime="2019-11-14T12:45:25+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 14, 2019 12:45</time>
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  Douglas Huey, Portfolio Manager, reports that we have had the equivalent of a bull market in Information Technology (IT) spending. Bernstein Research has been tracking...
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          <time datetime="2019-11-13T17:41:16+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 17:41</time>
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              Bingo ‘bins’ the shorts at today’s update
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  A slow and steady grind lower today from the get-go with the market pulling back -68pts from the early highs – a similar trend to yesterday however with more...
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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>Australia vs USA: Where are the best income <span class="whitespace-nowrap">opportunities?<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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  When looking at Australian and US investment-grade credit, they both offer similar risk premia, but when drilling down into each market, investors will discover stark...
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              One Key Factor Driving Markets
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  It may surprise a few to learn that the key driver of short term asset allocation is not trade talks, or even interest rates, but in our view, behavioural.What we have...
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          <time datetime="2019-11-13T14:09:31+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 14:09</time>
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              2 ways to profit from Brexit chaos
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  For outsiders, Brexit is the show that keeps on giving. For the stoic British, a source of much frustration.From an investment perspective, Perpetual Investments has...
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          <time datetime="2019-11-13T11:51:04+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 11:51</time>
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  Uday Cheruvu, Portfolio Manager of the Australian Companies Fund, says he has sold out of Australian banks as they are coming under a quadruple threat from capital,...
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   This time last year at the Credit Suisse Global Perspectives forum, I argued that we were not likely to have a new recession any time soon, despite widespread fears. ...
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        Montgomery Lucent Investment Management
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        <time datetime="2019-11-13T10:54:47+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">November 13, 2019 10:54</time>
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          <time datetime="2019-11-13T09:45:19+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 09:45</time>
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              Should we pay boards more?
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  As we are in the middle of Annual General Meeting (AGM) season in Australia, one of the topics that will no doubt receive some focus will be management remuneration....
</div>

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        Montgomery Investment Management
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          <time datetime="2019-11-13T09:29:41+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 09:29</time>
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  In the last two decades, Asia has become a powerhouse of global growth. Demographics and digitalisation are fuelling a booming economy that’s expected to continue for...
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          <time datetime="2019-11-13T09:05:31+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 09:05</time>
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  It’s a nightmare come true for the boards of an increasing number of well-known ASX listed companies: a short seller takes a position and then airs a research note...
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          <time datetime="2019-11-13T08:58:56+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2019 08:58</time>
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  Many of the higher growth companies within the ASX100 index were once small caps, household names like realestate.com.au, carsales.com, Flight Centre, Domino’s Pizza...
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