bonds

DB argue that credit as an asset class has not looked this good vs equity in a long time.

There is widespread demand for this asset class and the underlying reasons for such demand vary

Equity and property risk premia look far too low right now...

As government bond yields have leapt off their near-zero per cent lower bounds, and cash rates approach their terminal levels, which could precipitate recessions,...

Markets do not appear to be pricing in the risk of a substantial slow-down in bank bond issuance

The RBA has canvassed the possibility of lifting its cash rate to 4.8% to tackle its inflation problem

Markets love a narrative. But the host of competing narratives leaves equities exposed to downside risk. Remain defensive to manage risk.

A punchy interview that covers pretty much everything that is currently topical in financial markets...

We've repeatedly warned investors of the risks of a second hiking cycle and the fact there is little chance the RBA will cut this year

Listen to Chris' latest thoughts in this new episode of the Complexity Premia podcast